We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Voluntary Insurance Coverage, Compulsory Insurance, and Risky-riskless Portfolio Opportunities.
- Authors
Briys, Eric; Kahane, Yehuda; Kroll, Yoram
- Abstract
A decision involving a portfolio of an uninsurable risk, two other risks (one of which can be insured voluntarily, while the second is covered by compulsory insurance), and a risk-free investment is examined. The focus is on the effects of compulsory insurance coverage on the demand for voluntary insurance, and extends the results of Schulenburg (1986) by elaborating upon the impact of the risk-free opportunity on the tradeoff between voluntary and compulsory coverages.
- Subjects
INSURANCE companies; MANAGEMENT; RISK management in business; COMPULSORY insurance; INVESTMENT guaranty insurance; PROPERTY insurance; INSURANCE; PORTFOLIO management (Investments)
- Publication
Journal of Risk & Insurance, 1988, Vol 55, Issue 4, p713
- ISSN
0022-4367
- Publication type
Article
- DOI
10.2307/253147