Next Article in Journal
An Object-Oriented Bayesian Framework for the Detection of Market Drivers
Previous Article in Journal
Convolutional Neural Network Classification of Telematics Car Driving Data
Open AccessArticle

Surplus Sharing with Coherent Utility Functions

1
Institut für Banking und Finance, Universität Zürich, Plattenstrasse 32, 8032 Zürich, Switzerland
2
Departement für Mathematik, ETH Zürich, Rämistrasse 101, 8092 Zürich, Switzerland
3
Institut für Mathematik, Universität Zürich, Winterthurerstrasse 190, 8057 Zürich, Switzerland
*
Author to whom correspondence should be addressed.
Received: 2 November 2018 / Revised: 20 December 2018 / Accepted: 27 December 2018 / Published: 10 January 2019
We use the theory of coherent measures to look at the problem of surplus sharing in an insurance business. The surplus share of an insured is calculated by the surplus premium in the contract. The theory of coherent risk measures and the resulting capital allocation gives a way to divide the surplus between the insured and the capital providers, i.e., the shareholders. View Full-Text
Keywords: coherence; monetary utility; insurance benefit; benefit sharing coherence; monetary utility; insurance benefit; benefit sharing
MDPI and ACS Style

Coculescu, D.; Delbaen, F. Surplus Sharing with Coherent Utility Functions. Risks 2019, 7, 7.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop