Showing 1 - 10 of 19
Although substantial research effort has been directed to the examination of optimal search and pricing behavior under traditional brokerage arrangements, market outcomes under conditions of undisclosed subagency and buyer representation have not been fully explored. This study applies the legal...
Persistent link: https://www.econbiz.de/10005267681
Pricing of commercial insurance has generally been thought to be more competitive than that of personal insurance. For this reason, there has been little academic interest in the impact of market structure on insurer profitability for these lines, despite findings of such a relationship in other...
Persistent link: https://www.econbiz.de/10010541970
This Issue Brief compares changes from 1989 to 1998 in pension participation, accumulation, and allocation for employed women, versus employed men, ages 18-62. In addition, it provides an estimate of the gender "pension gap" in defined contribution accumulations, contrasts this with the gender...
Persistent link: https://www.econbiz.de/10014137197
In a well-designed enterprise risk management (ERM) program, the firm integrates risk management into the strategic planning process, addressing strategic risk, financial risk, operational risk, and hazard risk under a single overarching process. This is particularly important to large financial...
Persistent link: https://www.econbiz.de/10013055755
Although various asymmetric measures of market risk have been shown to be priced factors for the broader equity market, life insurer realized equity returns include a much larger premium for bearing downside risk, even after controlling for firm characteristics and other measures of risk....
Persistent link: https://www.econbiz.de/10013058533
Several recent studies have found that women invest their pensions more conservatively than men (Bajtelsmit and VanDerhei, 1996; Hinz, McCarthy, and Turner, 1996) and that women are more risk averse (Jianakoplos and Bernasek, 1996). Although these findings have serious implications for the...
Persistent link: https://www.econbiz.de/10012706904
This paper considers whether lack of information regarding risk exposures can lead to a demand for negligence liability insurance. We find that, under the uniform negligence rule, any demand for liability insurance must come from informed individuals. The group whose privately optimal level of...
Persistent link: https://www.econbiz.de/10012729951
This article reports the results of a web-based survey of real estate portfolio managers in the pension fund industry. The study focused on ascertaining the real estate research interests of the respondents as well as whether or not research funding should be allocated to various research...
Persistent link: https://www.econbiz.de/10009474616
Graduate programs with concentrations in real estate continue to examine the best ways to educate students in a dynamic marketplace. In an effort to uncover the views and opinions of the various stakeholders in a higher education degree program, this paper summarizes the results and major...
Persistent link: https://www.econbiz.de/10011162247
In 2005, the researchers conducted a pilot study of graduate real estate programs that examined the coalescence of industry and the classroom in 14 well-recognized programs from around the world (Chambers and Worzala, 2005). This study will expand the survey pool of respondents to include...
Persistent link: https://www.econbiz.de/10011162327