Narrow search
Showing 1 - 6 of 6
Cover Image
Indifference fee rate for variable annuities
Chevalier, Etienne; Lim, Thomas; Roméro, Ricardo Romo - HAL - 2014
In this paper, we work on indifference valuation of variable annuities and give a computation method for indifference fees. We focus on the guaranteed minimum death benefits and the guaranteed minimum living benefits and allow the policyholder to make withdrawals. We assume that the fees are...
Persistent link: https://www.econbiz.de/10010899322
Cover Image
Max-Min optimization problem for Variable Annuities pricing
Blanchet-Scalliet, Christophette; Chevalier, Etienne; … - HAL - 2014
We study the valuation of variable annuities for an insurer. We concentrate on two types of these contracts that are the guaranteed minimum death benefits and the guaranteed minimum living benefits ones and that allow the insured to withdraw money from the associated account. As for many...
Persistent link: https://www.econbiz.de/10010821370
Cover Image
JOINT PRODUCTION WITHOUT FREE DISPOSAL: SUSTAINABLE ACTIVITY AND UNSUPPORTABLE PROCESSES
O'Connor, Martin; Andrew, Robbie - HAL - 2010
Investigations of long-run sustainability of joint ecological-economic systems highlight the pertinence of reconsidering "free disposal" assumptions that underpin Sraffian and von Neumann approaches to value and growth theory. We investigate joint-production time-paths for square systems A and B...
Persistent link: https://www.econbiz.de/10010699850
Cover Image
SUSTAINABILITY OF THE ENVIRONMENT AND WATER POLLUTION IN NIGERIA: PROBLEMS, MANAGEMENT AND POLICY OPTIONS
Adenuga, Ade; Ogujiuba, Kanayo; Ohuche, Friday - EconWPA - 2005
Severe environmental degradation appears to be threatening the long-term development prospects of countries all over the world, particularly the developing ones such as Nigeria. The paper reviews relevant literature and examines the process of environmental degradation via water pollution in...
Persistent link: https://www.econbiz.de/10005556179
Cover Image
Far From Home: Do Foreign Investors Import Higher Standards of Governance in Transition Economies?
Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel - EconWPA - 2003
Based on the Business Environment and Enterprise Performance Survey (BEEPS) of firms in transition countries, which … of governance standards; ii) in misgoverned settings, FDI firms may magnify the problems of state capture and procurement …
Persistent link: https://www.econbiz.de/10005407674
Cover Image
Measuring Governance, Corruption and State Capture: How Firms and Bureaucrats Shape the Business Environment in Transition Economies
Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel; … - EconWPA - 2003
national governance have been unexplored. This paper summarises the results of the Business Environment and Enterprise … corruption, with little attention paid to the role played by firms. Consequently, the links between corporate governance and … Performance Survey (BEEPS) across 20 transition economies, providing an assessment of governance and corruption from the …
Persistent link: https://www.econbiz.de/10005407751