4 papers · 1 filter
Nash Peer-to-Peer Insurance Bargaining under Price Fairness and Coalitional Stability
Tim J. Boonen, Wing Fung Chong, Kenneth Tsz Hin Ng +1
We study peer-to-peer (P2P) insurance contracting between a risk-averse P2P reinsurer and multiple risk-averse peers in an asymmetric Nash-bargaining framework, where all agents se…
Optimal Dividend, Reinsurance, and Capital Injection for Collaborating Business Lines under Model Uncertainty
Tim J. Boonen, Engel John C. Dela Vega, Len Patrick Dominic M. Garces
This paper considers an insurer with two collaborating business lines that faces three critical decisions: (1) dividend payout, (2) reinsurance coverage, and (3) capital injection…
Betting under Common Beliefs: The Effect of Probability Weighting
Patrick Beissner, Tim Boonen, Mario Ghossoub
This paper examines the impact of introducing a Rank-Dependent Utility (RDU) agent into a von Neumann-Morgenstern (vNM) pure-exchange economy with no aggregate uncertainty. In the…
Pareto and Bowley Reinsurance Games in Peer-to-Peer Insurance
Tim J. Boonen, Kenneth Tsz Hin Ng, Tak Wa Ng +1
We propose a peer-to-peer (P2P) insurance scheme comprising a risk-sharing pool and a reinsurer. A plan manager determines how risks are allocated among members and ceded to the re…