Essays on Optimal Insurance Demand

Cathleen Kroh
Studying economic behavior under uncertainty it is common to use the theory of insurance demand (Schlesinger (2013)). While there exists a wide range of insurance economics this thesis concentrates on the optimal insurance demand as well as on the interaction of insurance and saving. The paper ”Aspects of Rational Insurance Purchasing” by Mossin (1968) can be clearly seen as the start of the research regarding the optimal insurance demand. The well-known results of the author...
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