Competition among non-life insurers under solvency constraints: A game-theoretic approach
نویسندگان
چکیده
We formulate a noncooperative game to model competition for policyholders among non-life insurance companies, taking into account market premium, solvency level, market share and underwriting results. We study Nash equilibria and Stackelberg equilibria for the premium levels, and give numerical illustrations.
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ورودعنوان ژورنال:
- European Journal of Operational Research
دوره 231 شماره
صفحات -
تاریخ انتشار 2013