This paper analyses how the scoring systems actually and potentially used in a variety of sports and games affect the suspense they can generate. The experimental method relies on several Monte Carlo simulations applied on a comparative basis to basketball, table tennis and tennis. Results show...

La responsabilité civile des entreprises concerne des portefeuilles d'assurance dont les polices sont souscrites par les sociétés. Les deux principales méthodes de tarification en réassurance sont la méthode par exposition et la méthode par expérience. La méthode par exposition tient...

This paper proposes a new test for structural instability in heterogeneous panels. The test builds on the seminal work of Andrews (2003) originally developed for time series. It is robust to non-normal, heteroskedastic and serially correlated errors, and allows for the number of post break...

In this paper, we discuss the results of a sensitivity analysis of Res-IRF, an energy-economy model of the demand for space heating in French dwellings. Res-IRF has been developed for the purpose of increasing behavioral detail in the modeling of energy demand. The different drivers of energy...

In this paper, we present a probabilistic numerical algorithm combining dynamic programming, Monte Carlo simulations and local basis regressions to solve non-stationary optimal multiple switching problems in infinite horizon. We provide the rate of convergence of the method in terms of the time...

Le vieillissement de la population représente une problématique grandissante pour les pays développés. Ses risques ne se limitent pas à des problèmes de financement de la retraite. En effet, il se pose aussi la question de l'état de santé de ces personnes âgées, avec des ressources...

The Advanced Measurement Approach requires financial institutions to develop internal models to evaluate their capital charges. Traditionally, the Loss Distribution Approach (LDA) is used mixing frequencies and severities to build a Loss Distribution Function (LDF). This distribution represents...

Research has improved our understanding of the managerial challenges inherent in exploratory intermediation. For instance knowledge brokers help to solve well-defined problems based on existing competences. But what if the relevant actor networks are not known, if there is no clear common...

Shifting business environment is often described as a decisive factor for organisational transformations. Various levels of organisation are proposed by the literature in order for an enterprise to be able to handle factors that outreach their boundaries. In this paper, we examine the case of...

The spread of the open innovation model created new challenges for further implications of the Web in making the innovation happen. In this paper we present a research on the application of the Web technologies in the open innovation model. We analyze technologies for expert search, key words...