Geodesic
A Game Theoretic Approach to Co-Insurance Situations
Contributions to game theory and management, Tome 3 (2010), pp. 49-66.

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The situation, in which an enormous risk is insured by a number of insurance companies, is modeled through a cooperative TU game, the so-called co-insurance game, first introduced in Fragnelli and Marina (2004). In this paper we show that a co-insurance game possesses several interesting properties that allow to study the nonemptiness and the structure of the core and to construct an efficient algorithm for computing the nucleolus.
Keywords: cooperative game, insurance, core, nucleolus. 
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Theo S. H. Driessen; Vito Fragnelli; Ilya V. Katsev; Anna B. Khmelnitskaya. A Game Theoretic Approach to Co-Insurance Situations. Contributions to game theory and management, Tome 3 (2010), pp. 49-66. http://geodesic.mathdoc.fr/item/CGTM_2010_3_a5/

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