Nicolas Treich

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Accurate measurements of probabilistic beliefs have become increasingly important both in practice and in academia. Introduced by statisticians in the 1950s to promote truthful reports in simple environments, Proper Scoring Rules (PSR) are now arguably the most popular incentivized mechanisms to elicit an agent's beliefs. This paper generalizes the analysis(More)
In this paper, we show that ambiguity aversion always raises the demand for self-insurance but may well decrease the demand for self-protection. We also show that ambiguity aversion raises the optimal insurance coverage. Finally, we characterize the optimal insurance design under ambiguity aversion. We exhibit a case in which the straight deductible(More)
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