When is utilitarian welfare higher under insurance risk pooling?

DOI10.1016/j.insmatheco.2021.08.006zbMath1475.91289OpenAlexW2883133194MaRDI QIDQ2665860

Angus S. Macdonald, Pradip Tapadar, Indradeb Chatterjee, R. Guy Thomas

Publication date: 19 November 2021

Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.insmatheco.2021.08.006

zbMATH Keywords

social welfareelasticity of demandrelative utilitarianismarc elasticity of demandinsurance risk classificationinsurance risk pooling

Mathematics Subject Classification ID

Actuarial mathematics (91G05)

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Cites Work

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