Risk Sharing

The main purpose of this web page is for me to understand the literature of risk sharing. For this, I

• summarize the literature of risk sharing, and
• replicate numerical exercises in some of the risk-sharing papers.

This page is maintained by Mizuhiro Suzuki.

Table of contents

• Literature review
• Limited commitment model
  • Computation of limited commitment model, based on Laczó (2015)
  • Numerical exercises of risk-sharing with limited commitment, mainly based on Ligon, Thomas, and Worrall (2002)
  • Replication of numerical exercises in Coate and Ravallion (1993)