CREST Conference on Risk & Insurance 14-15 sep 2023


The objective of the conference is to bring together leading academic scientists, researchers, and research scholars to present and exchange their research results on economic and financial decisions under risk, insurance markets and related public policies. It will be also a tribute to Professor Pierre Picard, an outstanding researcher of the field, who is Emeritus Professor at École polytechnique since September 2021.

This conference is organized as a workshop, based on plenary sessions held at ENSAE (Sep. 14) and Maison internationale (Cité internationale de Paris, Sep. 15), each presentation (12 in total) being made by a leading scientist. Presentations will represent the diversity of research on economic and financial decisions under risk, insurance markets and related public policies. All presentations will be made by invited speakers.

Date: September 14 and 15, 2023.

Participation to the conference is free, but registration is required. Please, click here to register.

Program of the conference

Thursday, September 14 (ENSAE)- Amphi 200Friday, September 15 (Cité Internationale) - Salon Gulbenkian - Preyer
9:45am to 10:30amReception of the participants (coffee)9amReception of the participants (coffee)
9:30am to 12:30pmMorning session - Risk Theory
Rachel J. Huang (National Central University, Taiwan), A Simple Approach for Measuring Higher-Order Risk Attitudes
10:30am to 12:30pmMorning Session - Contract Theory

Arthur Snow (University of Georgia), A Complete Characterization of Downside Risk Preference
Jean-Charles Rochet (Toulouse School of Economics), "Money and Taxes Implement Optimal Dynamic Mechanisms"Richard Peter (University of Iowa), The many faces of multivariate risk-taking: Risk apportionment for desirable and undesirable attributes
François Salanié (INRAE & TSE), Competitive Nonlinear Pricing under Adverse Selection
12:30pm to 1:30pmLunch12:30pm to 1:30pmLunch
1:30pm to 3:30pmAfternoon Session 1 - Public Policies1:30pm to 3:30pmAfternoon Session 1 - Empirical Insurance
Enrico Biffis (Imperial College, London) , Short-lived gasses, carbon markets and climate risk mitigationGeorges Dionne (HEC Montreal), Consolidation of the US property and casualty insurance industry: Is climate risk a causal factor for mergers and acquisitions?
Christian Gollier (Toulouse School of Economics), Stress DiscountingKili Wang (Tamkang University, Taiwan), Collusion between Retailers and Customers: The Case of Insurance Fraud in Taiwan
3:30pm to 4pmCoffee break3:30pm to 4pmCoffee break
4pm to 6pmAfternoon Session 2 - Insurance4pm to 5pmAfternoon Session 2 - Insurance
Pierre-Yves Geoffard (Paris School of Economics), Road traffic accidents in France: compensation for body injury in FranceMichael Hoy (University of Guelph), New Safety Technologies and Vehicle Safety
Claude Fluet (Université Laval), Consumer Protection in Retail Investments: Are Market Adjusted Damages Efficient?