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Capital Asset Pricing Models with default risk: theory and application in insurance

Authors :
Chen, Yueyun
Hamwi, Iskandar S.
Hudson, Tim
Source :
International Advances in Economic Research. February 2003, Vol. 9 Issue 1, p20, 15 p.
Publication Year :
2003

Abstract

Abstract The Capital Asset Pricing Model has been used frequently to derive a fair price of insurance. But the use of this model overestimates insurance premiums because it does not [...]

Details

Language :
English
ISSN :
10830898
Volume :
9
Issue :
1
Database :
Gale General OneFile
Journal :
International Advances in Economic Research
Publication Type :
Academic Journal
Accession number :
edsgcl.98315069