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Application of Autoregressive Models for Forecasting Marine Insurance Market
Ana-Maria, Burcã; Ghiorghe, Bãtrînca - In: Ovidius University Annals, Economic Sciences Series XIII (2013) 1, pp. 1125-1129
The shipping industry represents an important component of the global economy. In the context of globalization the importance of marine insurance has increased more than even before. Without insurance, ship owners would be subjected to a wide range of risks that they would not be protected from....
Persistent link: https://www.econbiz.de/10010679635
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A Pigouvian Approach to Congestion in Matching Markets
He, Yinghua - 2019
Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases with the number of applicants to be screened. To combat this externality that applicants impose on programs, application costs can be used as a Pigouvian tax. Higher costs...
Persistent link: https://www.econbiz.de/10012896762
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Evaluating the Long-Run Impact of an Innovative Anti-Poverty Program : Evidence Using Household Panel Data
Asadullah, M. Niaz - 2016
Using a four-round panel data set from the first phase of the Challenging the Frontiers of Poverty Reduction – Targeting the Ultra Poor (CFPR – TUP) programme of BRAC, we investigate whether a one-off transfer of livestock assets improves well-being of the very poor women in Bangladesh....
Persistent link: https://www.econbiz.de/10012997454
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Can Basic Entrepreneurship Transform the Economic Lives of the Poor?
Bandiera, Oriana - 2014
The world's poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates that sizable transfers of assets and skills enable the poorest women to shift out of...
Persistent link: https://www.econbiz.de/10013063908
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Limited Attention as the Scarce Resource in an Information-Rich Economy
Falkinger, Josef - 2021
This paper uses basic empirical facts from attention and perception psychology for a behavioral approach to equilibrium …-rich and whether scarcity of attention complements economic scarcity. A conventional economic equilibrium results if subjects … equilibrium diversity and level of attention-seeking activities are shown. At the normative level, welfare, efficiency and optimal …
Persistent link: https://www.econbiz.de/10013318625
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Government Subsidies as a Risk-Sharing Policy Tool in Innovation Investment
Lu, Hao; De Fuentes, Claudia; Milla, Joniada; Ahmadi, Soheil - 2022
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an overarching theoretical model to explain the conditions under which government subsidies create positive additionalities on private R&D investment. In this paper, we present a...
Persistent link: https://www.econbiz.de/10014241969
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A Pure Theory of Population Distribution When Preferences are Ordinal
Stark, Holger; Kosiorowski, Grzegorz - 2023
We model an environment in which individuals prefer to be in a space in which their rank is higher, be it a social space, a geographical space, a work environment, or any other comparison sphere which we refer to in this paper, and without loss of generality, as a region. When the individuals...
Persistent link: https://www.econbiz.de/10014261428
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Comparative study on the insurance market between AIG Life products and ASIROM Vienna Insurance Group
Liliana, Nicodim; Valentin, Nitu Claudiu; Raluca, Bucur … - In: Ovidius University Annals, Economic Sciences Series X (2010) 1, pp. 1737-1740
An increasingly confirmed theory in recent decades claims that a product is purchased for what it represents for the customer, and not for what it is itself (subjective utility theory), the product is purchased for the service they provide, for the safety, for the comfort, for fashion, for what...
Persistent link: https://www.econbiz.de/10008855132
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An Approach to Enterprise RiskManagement for Archive Depos
?erbãnescu Iuliu Cosmin - In: Ovidius University Annals, Economic Sciences Series XIII (2013) 1, pp. 1505-1508
ERM (Enterprise Risk Management) should be considered a solution to the inherent problems within the undertakings. Without deceiving, it really stands for an optimization and replacement of insurance contracts, as a method of potential risk transfer. The way a manager deals with these realities...
Persistent link: https://www.econbiz.de/10010838946
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Insurance as a Social Protection Instrument – Direct Research on the Romanian Market
Marian, Petrescu; Diana, Ioncicã; Eva-Cristina, Petrescu - In: Ovidius University Annals, Economic Sciences Series XI (2011) 1, pp. 1638-1643
The way in which insurance companies protect individuals is reflected at the level of the whole society. The more developed a society, the better it is protected – through insurance – against the various dangers its members are exposed to. Ethical, socially responsible behavior is not only...
Persistent link: https://www.econbiz.de/10010838992