2 papers
math.OC2026
Optimal Risk-Sharing Rules in Network-based Decentralized Insurance
Heather N. Fogarty, Sooie-Hoe Loke, Nicholas F. Marshall +1
This paper studies decentralized risk-sharing on networks. In particular, we consider a model where agents are nodes in a given network structure. Agents directly connected by edge…
q-fin.RM2026
On the Impact of Insurance on Households Susceptible to Random Proportional Losses: An Analysis of Poverty Trapping
Kira Henshaw, Jorge Ramirez, José Miguel Flores-Contró +3
The trapping probability, , as defined in Kovacevic and Pflug (2011), is modelled by assuming proportional capital losses, both in the case where there is no insurance and in t…