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Risk aversion and the purchase of risky insurance

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References

  • Doherty, N. A., and Schlesinger, H. (1986): “The Demand for Risky Insurance Policies.” IIM/IP Discussion Paper. Berlin: Wissenschaftszentrum.

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  • Kihlstrom, R. E., and Mirman, J. (1974): “Risk Aversion With Many Commodities.”Journal of Economic Theory 3: 361–388.

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  • Mossin, J. (1968): “Aspects of Rational Insurance Purchasing.”Journal of Political Economy 76: 553–568.

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  • Schlesinger, H. (1985): “Choosing a Deductible for Insurance Contracts: Best or Worst Insurance Policy.”Journal of Risk and Insurance 52: 522–528.

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Author notes

  1. Harris Schlesinger

    Present address: University of Illinois at Urbana-Champaign, 61820, IL, U. S. A.

  2. J.-Matthias Graf v. d. Schulenburg

    Present address: International Institute of Management, Berlin

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    1. Harris Schlesinger
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    2. J.-Matthias Graf v. d. Schulenburg
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    Additional information

    The authors wish to thank Neil Doherty and an anonymous referee for helpful comments.

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    Schlesinger, H., v. d. Schulenburg, JM.G. Risk aversion and the purchase of risky insurance. Zeitschr. f. Nationalökonomie 47, 309–314 (1987). https://doi.org/10.1007/BF01245150

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    • DOI: https://doi.org/10.1007/BF01245150

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