PERSPECTIVES ON THE USE OF TOXICOGENOMICS TO ASSESS ENVIRONMENTAL RISK



A "square-root rule" for reinsurance

In previous work, Siren the authors derived a mathematical expression for the optimal (or "saturation") number of reinsurers for a given number of primary insurers (see Powers and Shubik, 2001).In the current article, we show analytically that, for large numbers of primary insurers, this mathematical expression provides a "square-root rule"; i.e.,

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