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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 曾郁仁(Larry Y. Tzeng) | |
dc.contributor.author | Tzu-Ying Chen | en |
dc.contributor.author | 陳姿穎 | zh_TW |
dc.date.accessioned | 2021-06-07T17:47:22Z | - |
dc.date.copyright | 2021-04-07 | |
dc.date.issued | 2021 | |
dc.date.submitted | 2021-04-03 | |
dc.identifier.citation | [1] Chetty, R. (2015). Behavioral economics and public policy: A pragmatic perspective. American Economic Review, 105, 1 33. [2] Chuang, O. C., Kuan, C. M., Tzeng, L. Y. (2017). Testing for central dominance:Method and application. Journal of Econometrics, 196, 368 378. [3] Glaeser, E. L. (2006). Paternalism and psychology. University of Chicago Law Review, 73, 133 156. [4] Gollier, C. (1995). The comparative statics of changes in risk revisited. Journal of Economic Theory, 66, 522 535. [5] Gruber, J., Köszegi, B. (2004). Tax incidence when individuals are time-inconsistent: the case of cigarette excise taxes. Journal of Public Economics, 88, 1959 1987. [6] Hadar, J., Seo, T. K. (1990). The effects of shifts in a return distribution on optimal portfolios. International Economic Review, 721 736. [7] Hollifield, B., Kraus, A. (2009). Defining bad news: changes in return distributions that decrease risky asset demand. Management Science, 55, 1227 1236. [8] Huang, Y. C., Kan, K., Tzeng, L. Y., Wang, K. C. (2020). Estimating the critical parameter in almost stochastic dominance from insurance deductibles. Management Science, forthcoming. [9] Huang, R. J., Muermann, A., Tzeng, L. Y. (2014). Regret and regulation. The Geneva Risk and Insurance Review, 39, 65 89. [10] Huang, R. J., Shih, P. T., Tzeng, L. Y. (2012). The comparative statics of changes in risk for most decision makers. Working paper. [11] Huang, R. J., Tsai, J. T., Tzeng, L. Y. (2008). Government-provided annuities under insolvency risk. Insurance: Mathematics and Economics, 43, 377 385. [12] Huang, R. J., Tzeng, L. Y. (2007). Optimal tax deductions for net losses under private insurance with an upper limit. Journal of Risk and Insurance, 74, 883 893. [13] Jacobsson, F., Johannesson, M., Borgquist, L. (2007). Is altruism paternalistic? The Economic Journal 117, 761 781. [14] Kontek, K., Lewandowski, M. (2018). Range-dependent utility. Management Science, 64, 2473 2972. [15] Leshno, M., Levy, H. (2002). Preferred by all and preferred by most decision makers: Almost stochastic dominance. Management Science, 48, 1074 1085. [16] Meyer, J., Ormiston, M. B. (1983). The comparative statics of cumulative distribution function changes for the class of risk averse agents. Journal of Economic Theory, 31, 153 169. [17] Mossin, J. (1968). Aspects of rational insurance purchasing. Journal of Political Economy, 76, 533 568. [18] O Donoghue, T., Rabin, M. (2003). Studying optimal paternalism, illustrated by a model of sin taxes. American Economic Review, 93, 186 191. [19] O Donoghue, T., Rabin, M. (2006). Optimal sin taxes. Journal of Public Economics, 90, 1825 1849. [20] Ormiston, M. B., Schlee, E. E. (1993). Comparative statics under uncertainty for a class of economic agents. Journal of Economic Theory, 61, 412 422. [21] Quiggin, J. (1982). A theory of anticipated utility. Journal of Economic Behavior Organization, 3, 323 343. [22] Rothschild, M., Stiglitz, J. E. (1970). Increasing risk: I. A definition. Journal of Economic Theory, 2, 225 243. [23] Rothschild, M., Stiglitz, J. E. (1971). Increasing risk II: Its economic consequences. Journal of Economic Theory, 3, 66 84. [24] Sandroni, A., Squintani, F. (2007). Overconfidence, insurance, and paternalism. American Economic Review, 97, 1994 2004. [25] Thaler, R. H., Benartzi, S. (2004). Save more tomorrowTM: Using behavioral economics to increase employee saving. Journal of Political Economy, 112, S164 S187. [26] Tsetlin, I., Winkler, R. L., Huang, R. J., Tzeng, L. Y. (2015). Generalized almost stochastic dominance. Operations Research, 63, 363 377. [27] Tzeng, L. Y. (2001). Increase in risk and weaker marginal-payoff-weighted risk dominance. Journal of Risk and Insurance, 329 337. [28] Tzeng, L. Y., Huang, R. J., Shih, P. T. (2013). Revisiting almost second-degree stochastic dominance. Management Science, 59, 1250 1254. | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/15519 | - |
dc.description.abstract | 本論文由兩篇關於保險需求理論的文章所組成。在第一篇文章中,根據序列相依期望效用(rank-dependent expected utility)理論,我們提出了保險連接型樂透(insurance-linked lotto)商品,作為政府在保險市場中的政策工具。此一保險連接型樂透商品,與可保風險的發生與否無關,而是藉由樂透獎金或樂透中獎機率的設計機制,使其與個人保險需求量相連結。研究結果發現,若個人在不確定情況下的決策行為可以根據序列相依期望效用理論來描述,政府發行此一保險連接型樂透商品,不僅可以有效提升個人保險購買量,更可以進一步提升整體社會福祉。 在第二篇文章中,根據Tsetlin, Winkler, Huang and Tzeng (2015)所定義的經濟重要性(economically important)個人,當面臨之風險變動時,我們提出經濟重要性個人會提升保險購買量的充分必要條件。接著進一步將風險變動的來源,分為以下兩部分討論:第一部分是損失機率(probability of loss)的改變,第二部分是損失強度(severity of loss)的改變。最後,透過數值範例來說明主要定理之可行性。 | zh_TW |
dc.description.abstract | Adopting advanced models in the literature of risk theory, my dissertation studies the demand for coinsurance and contains two essays. Notations defined in each chapter are applicable for that chapter only. In the first chapter of my dissertation, inspired by the successful prediction of rank dependent expected utility (RDEU) theory on human behavior, I propose an insurance-linked lotto as a new tool of government intervention in insurance markets. The lotto is independent of the occurrence of the insurable risk, but the prize and/or the probability of winning the prize is dependent on the insurance demand. I show that when an individual's preference is characterized by RDEU, the insurance-linked lotto could improve social welfare and enhance the equilibrium demand for insurance. In the second chapter of my dissertation, I provide the necessary and sufficient conditions such that economically important individuals, as suggested by Tsetlin, Winkler, Huang and Tzeng (2015), demand a higher coinsurance rate when they face a change in risk. I further study this issue by classifying the changes in risk into: (1) an increase in the probability of loss, and (2) an increase in the severity of loss. Finally, I provide a numerical example to demonstrate the usefulness of the proposed approach. | en |
dc.description.provenance | Made available in DSpace on 2021-06-07T17:47:22Z (GMT). No. of bitstreams: 1 U0001-0304202111200400.pdf: 2328152 bytes, checksum: f11c0304a79e1c113ba03baff274f5dc (MD5) Previous issue date: 2021 | en |
dc.description.tableofcontents | 口試委員會審定書 ii 誌謝 iii 摘要 iv Abstract v List of Figures vii Chapter 1 Insurance-Linked Lotto 1 1.1 INTRODUCTION 1 1.2 INSURANCE-LINKED LOTTO UNDER RANK DEPENDENT EXPECTED UTILITY 2 1.3 DISCUSSIONS 8 1.3.1 MULTIPLE PREFERENCE TYPES OF INDIVIDUAL 8 1.3.2 OTHER TYPES OF INSURANCE-LINKED LOTTO 9 1.4 CONCLUSIONS 10 Chapter 2 Changes in Risk and the Demand for Coinsurance for Economically Important Individuals 12 2.1 INTRODUCTION 12 2.2 THE MODEL 14 2.3 WHEN SEPARATING THE CHANGES IN RISK INTO POSSIBILITY AND SEVERITY 18 2.3.1 CHANGES IN THE POSSIBILITY OF RISK 19 2.3.2 CHANGES IN THE SEVERITY OF RISK 20 2.4 A NUMERICAL ILLUSTRATION 22 2.5 CONCLUSIONS 24 References 26 Appendix A. Appendix for Chapter 1 29 Appendix B. Appendix for Chapter 2 32 | |
dc.language.iso | en | |
dc.title | 兩篇關於保險需求之論文 | zh_TW |
dc.title | Two Essays on Demand for Coinsurance | en |
dc.type | Thesis | |
dc.date.schoolyear | 109-2 | |
dc.description.degree | 博士 | |
dc.contributor.oralexamcommittee | 陳宜廷(Yi-Ting Chen),王之彥(Jr-Yan Wang),黃瑞卿(Rachel J. Huang),許育進(Yu-Chin Hsu) | |
dc.subject.keyword | 序列相依期望效用,樂透,保險需求,隨機優越,幾乎隨機優越, | zh_TW |
dc.subject.keyword | Rank dependent expected utility,lotto,demand for insurance,stochastic dominance,almost stochastic dominance, | en |
dc.relation.page | 43 | |
dc.identifier.doi | 10.6342/NTU202100818 | |
dc.rights.note | 未授權 | |
dc.date.accepted | 2021-04-03 | |
dc.contributor.author-college | 管理學院 | zh_TW |
dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
顯示於系所單位: | 財務金融學系 |
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