This special issue examines contemporary developments in risk sharing across actuarial science, recognizing its importance in managing global interconnectedness, emerging risks like longevity and cyber threats, and climate change. The issue seeks contributions on how risk sharing mechanisms contribute to financial stability, social equity, and economic innovation by distributing risks fairly across parties and building confidence in investment.
The journal invites theoretical and applied papers addressing fundamental challenges in risk sharing economics, mathematical modeling, and uncertainty quantification. Submissions may cover economic models based on decision and game theory, advanced statistical tools, and approaches to handling model uncertainty in decision-making. Additionally, the issue welcomes contributions on practical innovations such as alternative risk transfer mechanisms, parametric insurance, longevity-linked products, and blockchain applications that automate and enhance risk sharing processes.