Risk-Reshaping Contracts and Stochastic Optimization

Tools

Pflug, G.C. ORCID: https://orcid.org/0000-0001-8215-3550 (1996). Risk-Reshaping Contracts and Stochastic Optimization. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-96-142

[thumbnail of WP-96-142.pdf]
Preview
 Text
WP-96-142.pdf
Download (545kB) | Preview

Abstract

Insurance contracts and lotteries are just the opposite sides of the same coin: These are contracts, which allow to reshape an uncertain financial position by exchanging risks between two contractors. In this paper, we discuss some basic problems of operations research which are connected with such kind of contracts.

Item Type: Monograph (IIASA Working Paper)
Research Programs: Risk, Modeling, Policy (RMP)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 02:07
Last Modified: 27 Aug 2021 17:15
URI: https://pure.iiasa.ac.at/4886

Actions (login required)

View Item View Item
CORE (COnnecting REpositories)