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. 2021 Aug 17;101:359–383. doi: 10.1016/j.insmatheco.2021.08.001

Table 1.

Comparison between capital and pandemic risk management.

Capital risk management Pandemic risk management
Business line and aggregate risk Regional and aggregate resources demand
Risk-based capital Centralized stockpiling
Business line capital allocation Centralized distribution and allocation
Trade-off between surplus/deficiency and cost of capital Balance of supply/demand and economic cost