DocumentCode
2389747
Title
A new model expression for risk management in mutual insurance
Author
Yanling, Wang
fYear
2003
fDate
2-4 Nov. 2003
Firstpage
396
Lastpage
399
Abstract
In mutual insurance, the insurer plays bargaining games with the risk-averse clients, the insurant. For lacking sufficient knowledge about the probability of the insured accidents, the insurer usually uses the information supplied by the insurant to establish the parameters of the insurance contracts. The game theory is utilized to construct a new model for the risk management problem in such mutual insurance cases.
Keywords
game theory; insurance; probability; risk management; bargaining games; game theory; insurant; insured accidents; insurer; mutual insurance; probability; risk management; Accidents; Contracts; Earthquakes; Game theory; Hurricanes; Insurance; International trade; Marine vehicles; Oil pollution; Risk management;
fLanguage
English
Publisher
ieee
Conference_Titel
Engineering Management Conference, 2003. IEMC '03. Managing Technologically Driven Organizations: The Human Side of Innovation and Change
Print_ISBN
0-7803-8150-5
Type
conf
DOI
10.1109/IEMC.2003.1252301
Filename
1252301
Link To Document