Convex Ordering for Insurance Preferences
Inthisarticle,westudytwobroadclassesofconvexorderrelatedoptimalinsurancedecisionproblems,inwhichtheobjectivefunctionorthepremiumvaluationisageneralfunctionaloftheexpectation,Value-at-RiskandAverageValue-at-Riskofthelossvariables.
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