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14-111/VII - Loss Modification Incentives for Insurers under Expected Utility and Loss Aversion


  • Authors
    Adriaan R. Soetevent, University of Groningen, the Netherlands; Liting Zhou, University of Amsterdam, the Netherlands
  • Publication date
    August 21, 2014
  • Keywords
    loss modification, expected utility, reference-dependent preferences, insurance
  • JEL
    D11, D42, D81, L12