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Insurance system on the demand for labor for a variety of sectors in the Dutch economy. For the simulations we use the Bentolila …
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Premiums and benefits associated with traditional life insurance contracts are usually specified as fixed amounts in policy conditions. However, reserve-dependent surrender values and reserve-dependent expenses are common in insurance practice. The famous Cantelli theorem in life insurance...
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The demand for air transport is largely determined by the spending capacity of customers. Thispaper aims to offer more …
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Frequency of services and vehicle size are important policyinstruments of railway companies. Extending Mohring's basic'square root model' for frequencies, we arrive at more generalformulations for frequency, vehicle size and price underalternative regimes of welfare and profit optimisation. It...
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In this paper an inventory model with several demand classes, prioritised according to importance, is analysed. We … consider a lot-for-lot or (S-1,S) inventory model with lost sales.For each demand class there is a critical stock level at and … below which demand from that class is not satisfied from stock on hand. In this way stock is retained to meet demand from …
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