An analysis (pricing of the layers to the per risk excess of loss – determine an adjustable Minimum Deposit Premium and Catastrophe excess of loss) and assessment of the appropriateness and acceptability of the terms of this business proposition.
Instruction is attached in doc below. Assignment 2: Choice architecture and nudges “A nudge is any aspect of choice
Instruction is attached in doc below. Assignment 2: Choice architecture and nudges “A nudge is any aspect of choice architecture that alters peoples’ behavior in a predictable way without forbidding any options or significantly changing their economic incentives.” Nudge, Thaler & Sunstein, 2008 For this assignment, think of a situation