Equilibrium Premiums in an Insurance Market
分析了保险保费中风险承担者预期回报的市场决定因素，推导出均衡保费的显式表达式，对保险定价和风险管理有参考价值。
A part of the loading of insurance premiums represents expected reward to the risk bearer. This part must be determined by market forces and will depend on the supply and demand for risk-bearing services. The paper analyzes the forces at play, and derives explicit expressions for the equilibrium premiums.