Matches in SemOpenAlex for { <https://semopenalex.org/work/W1520100630> ?p ?o ?g. }
Showing items 1 to 97 of
97
with 100 items per page.
- W1520100630 abstract "This paper examines how cooperation in an insurance game depends on risk preferences and the riskiness of income. It considers a dynamic game where commitment is limited, and characterizes the level of cooperation as measured by the reciprocal of the discount factor above which perfect risk sharing is self-enforcing. When agents face no aggregate risk, there is more cooperation, if (i) the utility function is more concave, and if (ii) income is more risky considering a mean-preserving spread or an SSD deterioration. However, (ii) no longer holds when insurance can only be incomplete, because of the interplay of idiosyncratic and aggregate risk. In the case of exponential (isoelastic) utility, cooperation depends positively on both the coefficient of absolute (relative) risk aversion and the standard deviation (coefficient of variation), and is independent of mean income. This paper also relates the level of cooperation to informal insurance transfers and the smoothness of consumption when perfect risk sharing is not achieved." @default.
- W1520100630 created "2016-06-24" @default.
- W1520100630 creator A5063874818 @default.
- W1520100630 date "2008-10-01" @default.
- W1520100630 modified "2023-09-27" @default.
- W1520100630 title "Riskiness, Risk Aversion, and Risk Sharing: Cooperation in a Dynamic Insurance Game" @default.
- W1520100630 cites W1511645079 @default.
- W1520100630 cites W1558438642 @default.
- W1520100630 cites W1587085269 @default.
- W1520100630 cites W1873833619 @default.
- W1520100630 cites W1977632617 @default.
- W1520100630 cites W1986037458 @default.
- W1520100630 cites W1995118028 @default.
- W1520100630 cites W2011065519 @default.
- W1520100630 cites W2011089556 @default.
- W1520100630 cites W2030243732 @default.
- W1520100630 cites W2038922443 @default.
- W1520100630 cites W2085104137 @default.
- W1520100630 cites W2100037494 @default.
- W1520100630 cites W2133427611 @default.
- W1520100630 cites W2148384673 @default.
- W1520100630 cites W2326372562 @default.
- W1520100630 cites W2580645530 @default.
- W1520100630 cites W3110636891 @default.
- W1520100630 cites W3121137336 @default.
- W1520100630 cites W3123231714 @default.
- W1520100630 cites W3124143962 @default.
- W1520100630 cites W3125496997 @default.
- W1520100630 cites W3125851273 @default.
- W1520100630 cites W3140564882 @default.
- W1520100630 hasPublicationYear "2008" @default.
- W1520100630 type Work @default.
- W1520100630 sameAs 1520100630 @default.
- W1520100630 citedByCount "0" @default.
- W1520100630 crossrefType "posted-content" @default.
- W1520100630 hasAuthorship W1520100630A5063874818 @default.
- W1520100630 hasConcept C121955636 @default.
- W1520100630 hasConcept C129915516 @default.
- W1520100630 hasConcept C138885662 @default.
- W1520100630 hasConcept C144024400 @default.
- W1520100630 hasConcept C144237770 @default.
- W1520100630 hasConcept C149782125 @default.
- W1520100630 hasConcept C162118730 @default.
- W1520100630 hasConcept C162324750 @default.
- W1520100630 hasConcept C175444787 @default.
- W1520100630 hasConcept C177142836 @default.
- W1520100630 hasConcept C196083921 @default.
- W1520100630 hasConcept C205706631 @default.
- W1520100630 hasConcept C2777742833 @default.
- W1520100630 hasConcept C30772137 @default.
- W1520100630 hasConcept C36289849 @default.
- W1520100630 hasConcept C41895202 @default.
- W1520100630 hasConcept C81302675 @default.
- W1520100630 hasConceptScore W1520100630C121955636 @default.
- W1520100630 hasConceptScore W1520100630C129915516 @default.
- W1520100630 hasConceptScore W1520100630C138885662 @default.
- W1520100630 hasConceptScore W1520100630C144024400 @default.
- W1520100630 hasConceptScore W1520100630C144237770 @default.
- W1520100630 hasConceptScore W1520100630C149782125 @default.
- W1520100630 hasConceptScore W1520100630C162118730 @default.
- W1520100630 hasConceptScore W1520100630C162324750 @default.
- W1520100630 hasConceptScore W1520100630C175444787 @default.
- W1520100630 hasConceptScore W1520100630C177142836 @default.
- W1520100630 hasConceptScore W1520100630C196083921 @default.
- W1520100630 hasConceptScore W1520100630C205706631 @default.
- W1520100630 hasConceptScore W1520100630C2777742833 @default.
- W1520100630 hasConceptScore W1520100630C30772137 @default.
- W1520100630 hasConceptScore W1520100630C36289849 @default.
- W1520100630 hasConceptScore W1520100630C41895202 @default.
- W1520100630 hasConceptScore W1520100630C81302675 @default.
- W1520100630 hasLocation W15201006301 @default.
- W1520100630 hasOpenAccess W1520100630 @default.
- W1520100630 hasPrimaryLocation W15201006301 @default.
- W1520100630 hasRelatedWork W1512907151 @default.
- W1520100630 hasRelatedWork W1515729852 @default.
- W1520100630 hasRelatedWork W1587408081 @default.
- W1520100630 hasRelatedWork W1996572801 @default.
- W1520100630 hasRelatedWork W2019102940 @default.
- W1520100630 hasRelatedWork W2025837978 @default.
- W1520100630 hasRelatedWork W2145120306 @default.
- W1520100630 hasRelatedWork W2147192010 @default.
- W1520100630 hasRelatedWork W2150425401 @default.
- W1520100630 hasRelatedWork W2277103443 @default.
- W1520100630 hasRelatedWork W2547698258 @default.
- W1520100630 hasRelatedWork W2740953980 @default.
- W1520100630 hasRelatedWork W2915915461 @default.
- W1520100630 hasRelatedWork W3119906596 @default.
- W1520100630 hasRelatedWork W3121651965 @default.
- W1520100630 hasRelatedWork W3121766136 @default.
- W1520100630 hasRelatedWork W3123318152 @default.
- W1520100630 hasRelatedWork W3125627940 @default.
- W1520100630 hasRelatedWork W3160562898 @default.
- W1520100630 hasRelatedWork W3206906527 @default.
- W1520100630 isParatext "false" @default.
- W1520100630 isRetracted "false" @default.
- W1520100630 magId "1520100630" @default.
- W1520100630 workType "article" @default.