SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
The Theory of Insurance Demand
16 references·15 citing·38 second hop
The Theory of Insurance Demand (2013)The Theory of Insurance DemandPutting Risk in Its Proper Place (2006)Putting Risk in Its Proper Pl…Understanding Relationships Using Copulas (1998)Understanding Relationships U…Risk Vulnerability and the Tempering Effect of Background Risk (1996)Risk Vulnerability and the Te…Changes in Background Risk and Risk Taking Behavior (1996)Changes in Background Risk an…Market Insurance, Self-Insurance, and Self-Protection (1992)Market Insurance, Self-Insura…Equilibrium in a Reinsurance Market (1992)Equilibrium in a Reinsurance …Aspects of Rational Insurance Purchasing (1992)Aspects of Rational Insurance…Standard Risk Aversion (1991)Standard Risk AversionFirst order versus second order risk aversion (1990)First order versus second ord…Self-insurance, self-protection and increased risk aversion (1985)Self-insurance, self-protecti…Optimal Insurance in Incomplete Markets (1983)Optimal Insurance in Incomple…Some Stronger Measures of Risk Aversion in the Small and the Large with Applications (1981)Some Stronger Measures of Ris…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Equilibrium in Competitive In…Aspects of Rational Insurance Purchasing (1968)Aspects of Rational Insurance…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Mean-preserving capacities: A tractable class of Choquet capacities (2025)Mean-preserving capacities: A…On Correlation Aversion and Insurance Demand (2024)On Correlation Aversion and I…When Is Safety a Normal Good? (2022)When Is Safety a Normal Good?Optimal insurance with background risk: An analysis of general dependence structures (2020)Optimal insurance with backgr…The Role of Probability Weighting in Optimal Insurance Demand: A Double-Edged Sword (2019)The Role of Probability Weigh…Demand for Insurance under Rank Dependent Expected Utility Model (2015)Demand for Insurance under Ra…The Role of Insurance in Reducing Direct Risk - The Case of Flood Insurance (2014)The Role of Insurance in Redu…The Economics of Risk: A (Partial) Survey (2012)The Economics of Risk: A (Par…Decision under Risk, Uncertainty and Ambiguity: Theory and Experiments (2012)Decision under Risk, Uncertai…Determinants of Consumer Financial Risktaking: Evidence from Deductible Choice (2011)Determinants of Consumer Fina…Mossin's Theorem Given Random Initial Wealth (2010)Mossin's Theorem Given Random…Determinants of consumer financial risktaking: Evidence from deductible choice (2009)Determinants of consumer fina…The National Flood Insurance Program’s Market Penetration Rate: Estimates and Policy Implications (2006)The National Flood Insurance …Optimal risk sharing with background risk (2005)Optimal risk sharing with bac…Optimal Insurance With Divergent Beliefs About Insurer Total Default Risk (2003)Optimal Insurance With Diverg…Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)Existence of an Equilibrium for a Competitive Economy (1954)The Design of an Optimal Insurance Policy (1992)Inf-convolution of risk measures and optimal risk transfer (2005)Insurance within the Firm (2005)Theory of games and economic behavior (2019)Essays in the Theory of Risk-Bearing. (1972)Precautionary Saving in the Small and in the Large (1989)Strategic Asset Allocation (2002)Risk Aversion in the Laboratory (2008)Risk-Taking Behavior in the Wake of Natural Disasters (2012)Aspects of the Theory of Risk-Bearing. (1966)The Welfare Loss of Excess Health Insurance (1973)The Demand for Flood Insurance: Empirical Evidence (2000)Job Market Signaling (1973)The Economics of Caste and of the Rat Race and Other Woeful Tales (1976)Health insurance and the demand for medical care: evidence from a randomized experiment. (1987)Liberalization, Moral Hazard in Banking, and Prudential Regulation: Are Capital Requirements Enough? (2000)Signaling in Retrospect and the Informational Structure of Markets (2002)Regression Towards Mediocrity in Hereditary Stature. (1886)A distribution-free approach to inducing rank correlation among input variables (1982)The Asymptotic Theory of Extreme Order Statistics (1990)On Default Correlation (2000)Copula Modeling: An Introduction for Practitioners (2007)Goodness-of-fit tests for copulas: A review and a power study (2007)Economic Welfare and the Allocation of Resources for Invention (1962)On Moral Hazard and Insurance (1979)Economic foundations of cost-effectiveness analysis (1997)A Behavioral Theory of Firm Growth: Sequential Attention to Size and Performance Goals (2008)Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)The Role of Social Capital in Financial Development (2004)Financial Intermediation and Delegated Monitoring (1984)Prospect theory: An analysis of decision under risk (1988)Well-being : the foundations of hedonic psychology (1999)Background Risk, Prudence, and the Demand for Insurance (1992)On the measurement of inequality (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1976Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information4,984 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1998Understanding Relationships Using Copulas1,258 cited
  • 1992Market Insurance, Self-Insurance, and Self-Protection1,060 cited
  • 1991Standard Risk Aversion851 cited
  • 1996Risk Vulnerability and the Tempering Effect of Background Risk765 cited
  • 1968Aspects of Rational Insurance Purchasing738 cited
  • 1992Aspects of Rational Insurance Purchasing609 cited
  • 1992Equilibrium in a Reinsurance Market562 cited
  • 2006Putting Risk in Its Proper Place551 cited
  • 1981Some Stronger Measures of Risk Aversion in the Small and the Large with Applications450 cited
  • 1990First order versus second order risk aversion401 cited
  • 1996Changes in Background Risk and Risk Taking Behavior353 cited
  • 1985Self-insurance, self-protection and increased risk aversion335 cited
  • 1983Optimal Insurance in Incomplete Markets

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

284 cited

Cited by

  • 2006The National Flood Insurance Program’s Market Penetration Rate: Estimates and Policy Implications125 cited
  • 2005Optimal risk sharing with background risk118 cited
  • 2014The Role of Insurance in Reducing Direct Risk - The Case of Flood Insurance85 cited
  • 2003Optimal Insurance With Divergent Beliefs About Insurer Total Default Risk77 cited
  • 2010Mossin's Theorem Given Random Initial Wealth45 cited
  • 2020Optimal insurance with background risk: An analysis of general dependence structures42 cited
  • 2022When Is Safety a Normal Good?5 cited
  • 2012The Economics of Risk: A (Partial) Survey3 cited
  • 2011Determinants of Consumer Financial Risktaking: Evidence from Deductible Choice3 cited
  • 2019The Role of Probability Weighting in Optimal Insurance Demand: A Double-Edged Sword3 cited
  • 2012Decision under Risk, Uncertainty and Ambiguity: Theory and Experiments2 cited
  • 2009Determinants of consumer financial risktaking: Evidence from deductible choice2 cited
  • 2025Mean-preserving capacities: A tractable class of Choquet capacities1 cited
  • 2015Demand for Insurance under Rank Dependent Expected Utility Model1 cited
  • 2024On Correlation Aversion and Insurance Demand1 cited