Interactions between demand for self-insurance and for market insurance
This paper considers interactions between demand for market insurance and the level of self-insurance. The concept of self-insurance as an alternative for market insurance was presented by Ehrlich and Becker. Their original model accounts for only two states of the world and suggests that self-insur...
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| Format: | Article |
| Language: | English |
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University of Gdansk
2012-09-01
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| Series: | Contemporary Economy |
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| Online Access: | http://www.wspolczesnagospodarka.pl/?p=538 |