W. Chong

Nash Peer-to-Peer Insurance Bargaining under Price Fairness and Coalitional Stability

We study peer-to-peer (P2P) insurance contracting between a risk-averse P2P reinsurer and multiple risk-averse peers in an asymmetric Nash-bargaining framework, where all agents seek to improve expected utility relative to their disagreement points. Consistent with the expected value premium principle, we impose a pric...