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Ambiguity Increases and Insurance Deductibles

Author Biography
*Yi-Chieh Huang
Dr. Yi-Chieh Huang is an Associate Professor in the Department of Business
Administration at National Central University, Taiwan. She received her Ph.D. in Finance
from National Taiwan University. Her research interests include insurance economics,
financial economics, and risk management. Her research papers have been published
in The Journal of Risk and Insurance, The Geneva Risk and Insurance Review, and
Insurance: Mathematics and Economics.

Jeffrey Tzu-Hao Tsai
Dr. Jeffrey Tzu-Hao Tsai is a Professor in the Department of Quantitative Finance at
National Tsing Hua University, Taiwan. He received his Ph.D. in Finance from National
Taiwan University. His research interests include risk management, insurance pricing, and
financial engineering. His research papers have been published in The Journal of Risk and
Insurance, Journal of Economic Finance, and Insurance: Mathematics and Economics.

*E-mail: ychuang@ncu.edu.tw
The authors are very grateful to the editor and the two anonymous reviewers for their helpful sug-
gestions. The authors would like to express their gratitude to Larry Y. Tzeng, Casey Rothschild, and
Richard Peter for their valuable comments on earlier versions of this paper. Yi-Chieh Huang gratefully
acknowledges financial support from research grants no. 112-2410-H-008-049 and 113-2628-H-008-
002 of the National Science and Technology Council (NSTC).

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