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purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured’s actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …
Persistent link: https://www.econbiz.de/10005076664
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942
and objectives for the first stages of insurance data analysis have been sketched out. Scale hypotheses, insurance and …
Persistent link: https://www.econbiz.de/10005124993
insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …
Persistent link: https://www.econbiz.de/10005125042
A quadratic discrete time probabilistic model, for optimal portfolio selection in (re-)insurance is studied. For …
Persistent link: https://www.econbiz.de/10005125679
This research investigates the strategic behavior of private crop insurance firms reinsured by the USDA through the …
Persistent link: https://www.econbiz.de/10005126096
High insurance cost is one of the serious financial problems that today’s drivers are facing. It appears to be that in … the current time based insurance system the insurance companies are charging premiums for the risk of driving while the … vehicles are parked. Independent surveys and interviews of the insurance customers were conducted. The literature and available …
Persistent link: https://www.econbiz.de/10005126111
The present paper offers a racional choice explanation for political ticket splitting. It considers a game-theoretic model of voting and bargaining within Congress and between Congress and the president. When parties are ideologically oriented and voters' utilities are state dependent, the model...
Persistent link: https://www.econbiz.de/10005062374
The final report of the public inquiry, National Workers' Compensation and Occupational Health and Safety Frameworks. Consistent with its terms of reference, the Commission had recommended a national workers’ compensation scheme to operate alongside those of the States and Territories to...
Persistent link: https://www.econbiz.de/10005062773
We study the issue of project choice when a risk-averse agent must choose whether to invest in two projects of the same type (focus) or of different types (diversification). Projects of the same type are subject to common type-specific shocks. Hence focusing is more risky within each period, but...
Persistent link: https://www.econbiz.de/10005407512