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Subgame Perfect Nash Equilibria in Large Reinsurance Markets

q-fin.RM · 2025-06-08 · conditional · novelty 5.0

In a many-to-many reinsurance market with Choquet risk preferences, pricing at the second-lowest true cost with generous contract distribution yields a subgame-perfect Nash equilibrium that is Pareto optimal.

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  • Subgame Perfect Nash Equilibria in Large Reinsurance Markets q-fin.RM · 2025-06-08 · conditional · none · ref 4

    In a many-to-many reinsurance market with Choquet risk preferences, pricing at the second-lowest true cost with generous contract distribution yields a subgame-perfect Nash equilibrium that is Pareto optimal.