Deductible Choice in Flood Insurance: Who Chooses the Maximum?
نویسندگان
چکیده
منابع مشابه
Who chooses the assumptions
In this paper we show how a number of di erent formulations of nonmonotonic reasoning probabilistic reasoning and design can be combined into a coherent logic based abductive framework This framework is based on allowing consistent assumptions to be used to prove a goal Di erent frameworks are characterised by who chooses the assumptions whether an adversary chooses the assumptions na ture choo...
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In this paper we show how a number of diierent formulations of nonmonotonic reasoning, probabilistic reasoning and design can be combined into a coherent logic-based abductive framework. This framework is based on allowing consistent assumptions to be used to prove a goal. Diierent frameworks are characterised by who chooses the assumptions, whether an adversary chooses the assumptions, nature ...
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Insurance claims have deductibles, which must be considered when pricing for insurance premium. Deductibles may cause censoring and truncation to the frequencies, severities, and peril types of observed insurance claims. In practice, the regression approach is often used with deductible amount included as an explanatory variable inside a frequency-severity model, so that the resulting coefficie...
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انتخاب نامساعد یکی از مشکلات اساسی در صنعت بیمه است. که ابتدا در سال 1960، توسط روتشیلد واستیگلیتز مورد بحث ومطالعه قرار گرفت ازآن موقع تاکنون بسیاری از پژوهشگران مدل های مختلفی را برای تجزیه و تحلیل تقاضا برای صنعت بیمه عمر که تماما ناشی از عدم قطعیت در این صنعت میباشد انجام داده اند .وهدف از آن پیدا کردن شرایطی است که تحت آن شرایط انتخاب یا کنار گذاشتن یک بیمه گزار به نفع و یا زیان شرکت بیمه ...
15 صفحه اولEstimating Risk Preferences from Deductible Choice
We estimate the distribution of risk preferences using a large data set of deductible choices in auto insurance contracts. To do so, we develop a structural econometric model of adverse selection that allows for unobserved heterogeneity in both risk (claim rate) and risk aversion. We use data on realized claims to estimate the distribution of claim rates and data on deductible and premium choic...
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ژورنال
عنوان ژورنال: Journal of Housing Research
سال: 2020
ISSN: 1052-7001,2691-1337
DOI: 10.1080/10527001.2020.1839320