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to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …
Persistent link: https://www.econbiz.de/10010299407
security used to hedge the risk is similar to a CAT bond. This work looks at the incentives associated with insurance …
Persistent link: https://www.econbiz.de/10010427722
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation that exploits personnel scarcity in post-grant...
Persistent link: https://www.econbiz.de/10012290351
Pharmaceutical firms typically enjoy market exclusivity for new drugs from concurrent protection of the underlying invention (through patents) and the clinical trials data submitted for market approval (through data exclusivity). Patent invalidation during drug development renders data...
Persistent link: https://www.econbiz.de/10012141882
purchases a good to compensate consequen¬ces 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/10010427721
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …
Persistent link: https://www.econbiz.de/10010427742
This discussion paper considers insurance as a possible instrument of farm income stabilization and compares several … crop insurance products with respect to their applicability in a transition economy using the case of Kazakhstan. The … analysis is based on a qualitative evaluation as well a quantitative assessment of selected insurance products. The qualitative …
Persistent link: https://www.econbiz.de/10010299333
conditions, risk attitudes and risk management techniques with respect to the requirements of a functioning crop insurance system …
Persistent link: https://www.econbiz.de/10010299344
This paper exploits the diversity of panels at the court of appeals in the state of São Paulo to address the role of career backgrounds and ideology in shaping the response of judicial decisions to a major shift in jurisprudence on drug offenses. The Brazilian constitution reserves 80% of the...
Persistent link: https://www.econbiz.de/10012671224
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...
Persistent link: https://www.econbiz.de/10011592124