5 citations · 5 across the 1 of their papers we have counts for
2 papers
econ.GN2025
When Indemnity Insurance Fails: Parametric Coverage under Binding Budget and Risk Constraints
Benjamin Avanzi, Debbie Kusch Falden, Mogens Steffensen
In high-risk environments, traditional indemnity insurance is often unaffordable or ineffective, despite its well-known optimality under expected utility. We compare excess-of-loss…
math.OC2022★ 5 cited
Stable Dividends under Linear-Quadratic Optimization
Benjamin Avanzi, Debbie Kusch Falden, Mogens Steffensen
The optimization criterion for dividends from a risky business is most often formalized in terms of the expected present value of future dividends. That criterion disregards a pote…