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  • Ambiguity on the insurer's side: the demand for insurance 

    Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund (Université de Montréal. Département de sciences économiques., 2014-10)
    Empirical evidence suggests that ambiguity is prevalent in insurance pricing and underwriting, and that often insurers tend to exhibit more ambiguity than the insured individuals (e.g., [23]). Motivated by these findings, we consider a problem of demand ...