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Business, 02.03.2020 21:18 jessicawolfking

Suppose movie producers could buy "box office insurance" that guaranteed them a specified gross revenue for a particular film. Such policies could be very valuable economically. Producers might produce risky movies. Insurance companies could find selling such policies appealing in principle as well: if insurers spread their risk over enough movies, they could earn enough premium from successful movies. So why there isn't such policy?

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