Life insurance companies are more and more interested in creating flex- ible policies in order to reach more specific segments of the market than in the past. They can induce the agents to sell a personalized policy to a specific class of clients selecting for them an appropriate reward; in this case we have an optimization problem connected to the reward of the agent. In this paper, the Leader-Follower game is proposed as a model to study the hierarchical re- lationship between the company and the agent and it is applied to a particular case of unit-linked policy.

Chapter 3. The Concept of a Suitable Insurance Policy Using Leader-Follower Games / I.Colivicchi; F.Mignanego; S.Mulinacci. - ELETTRONICO. - (2012), pp. 0-0.

Chapter 3. The Concept of a Suitable Insurance Policy Using Leader-Follower Games

COLIVICCHI, ILARIA;
2012

Abstract

Life insurance companies are more and more interested in creating flex- ible policies in order to reach more specific segments of the market than in the past. They can induce the agents to sell a personalized policy to a specific class of clients selecting for them an appropriate reward; in this case we have an optimization problem connected to the reward of the agent. In this paper, the Leader-Follower game is proposed as a model to study the hierarchical re- lationship between the company and the agent and it is applied to a particular case of unit-linked policy.
2012
9781614702757
Game Theory and Applications
0
0
I.Colivicchi; F.Mignanego; S.Mulinacci
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Utilizza questo identificatore per citare o creare un link a questa risorsa: https://hdl.handle.net/2158/418052
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