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Keywords: Economic equilibrium
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Journal Articles
Reciprocal insurance: a case of supply created by demand
Available to Purchase
Journal:
The Journal of Risk Finance
Journal of Risk Finance (2005) 6 (5): 404–415.
Published: 01 December 2005
... Economic equilibrium In its classical form, a reciprocal insurer is a firm that collects membership fees and premiums from its members and at the end of each period pays back (or charges) the members any surplus (or deficit) arising from the operations [1] . If we view the membership fees...
