The financial landscape is undergoing a revolution with the Decentralized Finance (DeFi),
poised to reshape business value creation. This study provides an overview of research …

Abstract Peer-to-peer (P2P) insurance is a decentralized network in which participants pool
their resources together to compensate those who suffer losses. The rise of P2P insurance …

Decentralized insurance can be used to describe risk sharing mechanisms under which
participants trade risks among each other as opposed to passing risks mostly to an insurer in …

Traditional insurance is based on a centralized approach of risk transfer from the insureds to
an insurer. A traditional insurance contract is a bilateral contract between an insured and an …

Centralized insurance can be found in both the private and public sectors. This paper
provides a microeconomic study of the risk‐sharing mechanisms in these markets, where …

This paper purposes to formalize the three business models dominating peer‐to‐peer (P2P)
property and casualty insurance: the self‐governing model, the broker model, and the carrier …

This paper offers a systematic treatment of risk‐sharing rules for insurance losses, based on
a list of relevant properties. A number of candidate risk‐sharing rules are considered …

We study Pareto optimality in a decentralized peer-to-peer risk-sharing market where
agents' preferences are represented by robust distortion risk measures that are not …

The peer-to-peer (P2P) economy has been growing with the advent of the Internet, with well
known brands such as Uber or Airbnb being examples thereof. In the insurance sector the …

Risk sharing has been practiced in various forms in the financial industry. This paper is the
first to study both dynamic and static risk‐sharing mechanisms for a group of participants …