This paper deals with the phenomenon of risk-selection and its appearance in the german compulsory health insurance …

purchase price can be presented as the increase in the willingness to pay for insurance or the willingness to pay for consumer … credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility …

The goal of this essay is to show an insurance market equilibrium defined by an insurance product price and a …

It has been said that insurance is the last of the financial services to accept radical change (Denney [1995 … weather volatility and catastrophic risks are difficult to diversify using traditional insurance practices. To provide a map … risks. There are two basic and distinct approaches: statistical and economic. The former is typical of the insurance …

and to partially answer to the basic questions of insurance. The question is “To insure or not”. The goal of this paper is … to reveal pure mathematical aspects of insurance processes and to analyze these aspects by pure mathematical methods …

, insurance, trade, industry, planning and forecasting. Explanations of the principle and examples of solution of three types of …

Taking into account the actual economic situation of the world with numerous financial crisis, the insurance companies … present paper proposes mathematical calculation, through which different solution may be given in order to optimize insurance … insurance, resting on its comparisons, analysis and conclusions, and for the insurance companies, being meant to improve their …

Taking into account the actual economic situation of the world with numerous financial crisis, the insurance companies … present paper proposes mathematical calculation, through which different solution may be given in order to optimize insurance … insurance, resting on its comparisons, analysis and conclusions, and for the insurance companies, being meant to improve their …

. A financial product, the annuity contract, offers longevity insurance but its market is not well developed, even in the …