Axiomatic characterizations of certain simple risk-sharing rules

In this paper, we present axiomatic characterizations of certain simple risk-sharing (RS) rules, such as uniform, mean-proportional and covariance-based linear RS rules. These characterizations facilitate a clearer understanding of the principles underlying the application of these rules; they typic...

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Bibliographic Details
Main Authors: Jan Dhaene, Rodrigue Kazzi, Emiliano A. Valdez
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2026-01-01
Series:Risk Sciences
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Online Access:http://www.sciencedirect.com/science/article/pii/S2950629825000177
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