Pareto efficient insurance contracts when the insurer's cost function is discontinuous

Real and Complex Analysis.

G. A. Garreau, Walter Rudin · Journal of the Royal Statistical Society Series D (The Statistician) · 1987 · 11K citations

Natural Sciences, Mathematics, Probability Theory +16

Essays in the Theory of Risk-Bearing.

Nils H. Hakansson, Kenneth J. Arrow · The Journal of Finance · 1972 · 4.1K citations

Business, Economics, Finance +10

Optimal contracts and competitive markets with costly state verification

Robert M. Townsend · Journal of Economic Theory · 1979 · 3.2K citations · Full text

Business, Contract Law, Economics +16

Risk aversion in the theory of expected utility with rank dependent probabilities

Edi Karni, Zvi Safra · Journal of Economic Theory · 1987 · 448 citations · Full text

Business, Decision Sciences, Economics +17

Optimal insurance and generalized deductibles

Kenneth J. Arrow · Scandinavian Actuarial Journal · 1974 · 384 citations

Business, Economics, Insurance +15