On Extendability of the Principle of Equivalent Utility
An insurance premium principle is a way of assigning to every risk a real number, interpreted as a premium for insuring risk. There are several methods of defining the principle. In this paper, we deal with the principle of equivalent utility under the rank-dependent utility model. The principle, ge...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2019-12-01
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| Series: | Symmetry |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2073-8994/12/1/42 |