Showing 1 - 10 of 32
We consider an oligopoly of firms that compete on price. Firms produce a non-stochastic output, insurance coverage … choice on the market. We discuss the model with regard to insurance industry specificity and regulation. …
Persistent link: https://www.econbiz.de/10008794110
The aim of this paper is to analyze the impact of the existence of mutual firms on the behavior of insurance companies … and more precisely to study in which situations an insurance company can enter a market controlled by mutual arrangements …. Our approach differs from the existing literature as we integrate the investment choices of the insurance company and the …
Persistent link: https://www.econbiz.de/10008794170
to explain why the Paris Bourse was able to be so successful in spite of the supposedly inefficient monopoly and …
Persistent link: https://www.econbiz.de/10010930243
Persistent link: https://www.econbiz.de/10010630686
Revisiting Rothbardian monopoly price theory and extending it to the realm of factor pricing, this paper explains how … environment. Monopolistic grants to capitalists make for situations where both monopoly of demand for factors and monopoly of …
Persistent link: https://www.econbiz.de/10008790886
Competition is an efficient alternative to regulation for the power transmission network only for peculiar investments in peculiar conditions. The competitive network investments are generally radial and/or create new commercial links in Direct Current between big markets with high and...
Persistent link: https://www.econbiz.de/10008792502
Theoretical and historical experience suggests a financial centre may either include a single, consolidated and loosely regulated stock exchange attracting all intermediaries and actors, or a variety of exchanges going from strictly regulated to completely unregulated and adapted to the needs of...
Persistent link: https://www.econbiz.de/10008793909
This paper aims at presenting the insurance cost-of-capital com- putation issue. It highlights two methodologies … premium adopted by supervisory authorities. These strategies are based either on market return of insurance companies or on … the modelling of insurance business profit and loss. We estimate a cost-of-capital rate corre- sponding to these basic …
Persistent link: https://www.econbiz.de/10009393806
. Furthermore, farmers have little access to traditional crop insurance, which suffers from high information asymmetry and … design such projects in order to choose the meteorological index, the indemnity schedule and the insurance premium, is …
Persistent link: https://www.econbiz.de/10009401368
The paper investigates whether, as is often suggested by the literature, diversification towards the non-agricultural sector is considered as a risk-mitigating strategy by rural Pakistani households. This issue has already been addressed but usually as an ex post mechanism, i.e. smoothing...
Persistent link: https://www.econbiz.de/10010750552