• Title of article

    Optimal allocation of policy limits and deductibles

  • Author/Authors

    Cheung، نويسنده , , Ka Chun، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2007
  • Pages
    10
  • From page
    382
  • To page
    391
  • Abstract
    In this paper, we study the problems of optimal allocation of policy limits and deductibles. Several objective functions are considered: maximizing the expected utility of wealth assuming the losses are independent, minimizing the expected total retained loss and maximizing the expected utility of wealth when the dependence structure is unknown. Orderings of the optimal allocations are obtained.
  • Keywords
    Arrangement increasing functions , Stochastic order , Dependence structure , Comonotonicity
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    2007
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1543367

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=1543367