A Rejoinder and a Generalized Model

Published Online:https://doi.org/10.1287/mnsc.15.4.B213

Author's rejoinder to the comment [Hayes, R. H. 1968. Note on “Maximizing insurance buyers' utility.” Management Sci.15(4, December) B-208–B-212.] about their earlier paper [Hamburg, M., W. F. Matlack. 1968. Maximizing insurance buyers' utility. Management Sci.14(6, February) B-294–B-301.].

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