Deductible insurance and production

Yaffa Machnes

doi:10.1016/0167-6687(95)00012-h

Deductible insurance and production

Yaffa Machnes

Department of Economics

Research output: Contribution to journal › Article › peer-review

7 Scopus citations

Abstract

A productive firm bears risk concerning its revenue. We show that a fair deductible insurance will induce all risk averse firms to increase their output. The smaller the deductible, the larger the increase in output.

Original language	English
Pages (from-to)	119-123
Number of pages	5
Journal	Insurance: Mathematics and Economics
Volume	17
Issue number	2
DOIs	https://doi.org/10.1016/0167-6687(95)00012-h
State	Published - Oct 1995

Keywords

Deductible insurance
Production

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10.1016/0167-6687(95)00012-h

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Deductible insurance and production

Abstract

Keywords

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