{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/115545"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/115545","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Peer-to-peer insurance and risk sharing","abstract":"Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2024-05-01","abstract_html":"Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2024-05-01","abstract_has_math":false,"creators":["Abdikerimova, Samal"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Mathematics","degree_department":null,"school":null,"contributors":["Feng, Runhuan","DeVille, Lee","Chong, Alfred","Linders, Daniel"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2022,"date_issued":"2022-05","date_published":"2022-05","updated_at":"2026-07-22T22:24:54Z","subjects":["P2P insurance","risk sharing","mutual aid"],"languages":["en","eng"],"rights":["Copyright 2022 Samal Abdikerimova"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"https://hdl.handle.net/2142/115545","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Feng, Runhuan","DeVille, Lee","Chong, Alfred","Linders, Daniel"]},{"key":"dc:creator","label":"Author","values":["Abdikerimova, Samal"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2022-05","2022-04-18"]},{"key":"dc:type","label":"Dc Type","values":["text","Thesis"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Mathematics"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["P2P insurance","risk sharing","mutual aid"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en","eng"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2022 Samal Abdikerimova"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["https://hdl.handle.net/2142/115545"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2024-05-01","The student, Samal Abdikerimova, accepted the attached license on 2022-04-15 at 00:38.","The student, Samal Abdikerimova, submitted this Dissertation for approval on 2022-04-15 at 00:47.","This Dissertation was approved for publication on 2022-04-18 at 09:26.","DSpace SAF Submission Ingestion Package generated from Vireo submission #17631 on 2022-11-11 at 12:05:45","In this thesis we demonstrate different applications of peer-to-peer (P2P) risk sharing strategies. First, we present a variety of P2P insurance/mutual aid models that facilitate the exchange of multiple risks and enable peers with different needs to financially support each other in a transparent and fair way. P2P insurance is a decentralized network in which participants pool their resources together to compensate those who suffer losses. It is a revival of a centuries-old practice in many ancient societies. Second, we extend the above risk sharing strategy to a multi-period case. In this case participants start with (different) initial reserves. Then reserves at any time period are updated by subtracting exchanged losses of the current period from the reserves of the last period. Loss exchange rules are obtained by maximizing the weighted sum of the expected reserves minus a weighted sum of the second moments of the reserves. Third, we present an alternative to the World Bank's pandemic bond design by introducing a P2P structure. While preserving the mechanism of pandemic contingent debt instrument, the P2P structure offers more flexibility with payment triggers catering to the needs of individual countries and better inclusion of co-funding agencies beyond bond investors. The work is intended to bring fresh perspectives to the ongoing debate on the development of international framework for health emergency preparedness and response."]},{"key":"dc:format","label":"Dc Format","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["Peer-to-peer insurance and risk sharing"]}]}],"canonical_facts":{"dc:contributor":["Feng, Runhuan","DeVille, Lee","Chong, Alfred","Linders, Daniel"],"dc:creator":["Abdikerimova, Samal"],"dc:date":["2022-05","2022-04-18"],"dc:description":["Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2024-05-01","The student, Samal Abdikerimova, accepted the attached license on 2022-04-15 at 00:38.","The student, Samal Abdikerimova, submitted this Dissertation for approval on 2022-04-15 at 00:47.","This Dissertation was approved for publication on 2022-04-18 at 09:26.","DSpace SAF Submission Ingestion Package generated from Vireo submission #17631 on 2022-11-11 at 12:05:45","In this thesis we demonstrate different applications of peer-to-peer (P2P) risk sharing strategies. First, we present a variety of P2P insurance/mutual aid models that facilitate the exchange of multiple risks and enable peers with different needs to financially support each other in a transparent and fair way. P2P insurance is a decentralized network in which participants pool their resources together to compensate those who suffer losses. It is a revival of a centuries-old practice in many ancient societies. Second, we extend the above risk sharing strategy to a multi-period case. In this case participants start with (different) initial reserves. Then reserves at any time period are updated by subtracting exchanged losses of the current period from the reserves of the last period. Loss exchange rules are obtained by maximizing the weighted sum of the expected reserves minus a weighted sum of the second moments of the reserves. Third, we present an alternative to the World Bank's pandemic bond design by introducing a P2P structure. While preserving the mechanism of pandemic contingent debt instrument, the P2P structure offers more flexibility with payment triggers catering to the needs of individual countries and better inclusion of co-funding agencies beyond bond investors. The work is intended to bring fresh perspectives to the ongoing debate on the development of international framework for health emergency preparedness and response."],"dc:format":["application/pdf"],"dc:identifier":["https://hdl.handle.net/2142/115545"],"dc:language":["en","eng"],"dc:rights":["Copyright 2022 Samal Abdikerimova"],"dc:subject":["P2P insurance","risk sharing","mutual aid"],"dc:title":["Peer-to-peer insurance and risk sharing"],"dc:type":["text","Thesis"],"thesis:degree_discipline":["Mathematics"],"thesis:degree_level":["Dissertation"],"thesis:degree_name":["Ph.D."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:24:54Z"}