Disappointment and the optimal insurance contract

NCUIR > School of Management at National Central University > Department of Finance > journal & Dissertation > Item 987654321/104803

Please use this identifier to cite or link to this item: https://ir.lib.ncu.edu.tw/handle/987654321/104803

Title:	Disappointment and the optimal insurance contract
Authors:	黃瑞卿;Huang, Rachel J.;Shih, Pai-Ta;Tzeng, Larry Y.
Contributors:	管理學院財務金融學系
Keywords:	Coinsurance;Contracts;Customer satisfaction;Deterrence;Disappointment;Economics and Finance;Finance;Financial Services;Full coverage;Health insurance;Indemnity insurance;Insurable risks;Insurance;Insurance companies;Insurance coverage;Insurance deductibles;Insurance premiums;Insurance providers;Medical research;Property insurance;Reimbursement;Risk Management;Risk sharing;Studies;Theory;Utility functions
Date:	2012-09-01
Issue Date:	2026-04-23 11:58:32 (UTC+8)
Publisher:	Palgrave Macmillan Ltd.;London: Palgrave Macmillan
Abstract:	摘要： This paper studies the optimal insurance contract under disappointment theory. We show that, when the individuals anticipate disappointment, there are two types of optimal insurance contract. The first type contains a deductible and a coinsurance above the deductible. We find that zero marginal cost is just a sufficient but not a necessary condition for a zero deductible. The second type has no deductible and the optimal insurance starts with full coverage for small losses and includes a coinsurance above an upper value of the full coverage. 其他題名： Geneva Risk Insur Rev 出版者： London: Palgrave Macmillan 出版日期： 2012-09-01 出處： The Geneva risk and insurance review, 2012-09, Vol.37 (2), p.258-284 資源來源： JSTOR Business Collection 版權： 2012 The International Association for the Study of Insurance Economics 版權： The International Association for the Study of Insurance Economics 2012 識別號： ISSN: 1554-964X 識別號： ISSN: 1554-9658 識別號： EISSN: 1554-9658 識別號： DOI: 10.1057/grir.2012.2
Appears in Collections:	[Department of Finance] journal & Dissertation

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