2 papers
q-fin.RM2026
Stackelberg Equilibria in Monopoly Insurance Markets with Probability Weighting
Maria Andraos, Mario Ghossoub, Bin Li +1
We study Stackelberg Equilibria (Bowley optima) in a monopolistic centralized sequential-move insurance market, with a profit-maximizing insurer who sets premia using a distortion…
econ.TH2025
Optimal Insurance in a Monopoly: Dual Utilities with Hidden Risk Attitudes
Mario Ghossoub, Bin Li, Benxuan Shi
We consider a monopoly insurance market with a risk-neutral profit-maximizing insurer and a consumer with Yaari Dual Utility preferences that distort the given continuous loss dist…