Elaheh Esfandi

Department of Economics, Alzahra University

[ 1 ] - Insurer Optimal Asset Allocation in a Small and Closed Economy: The Case of Iran’s Social Security Organization

We seek to determine the optimal amount of the insurer’s investment in all types of assets for a small and closed economy. The goal is to detect the implications and contributions the risk seeker and risk aversion insurer commonly make and the effectiveness in the investment decision. Also, finding the optimum portfolio for each is the main goal of the present study. To this end, we adopted the...