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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

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

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

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

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

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

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

Enrolment in Micro Life and Health Insurance : Evidences from Sri Lanka

Bendig, Mirko - 2011

Microinsurance is an emerging concept protecting households from the potentially catastrophic expenditures associated with family related shocks. Therefore, this paper presents evidence on the determinants of insurance participation using probit models on household survey data from Sri Lanka,...

Persistent link: https://www.econbiz.de/10013131418

Public and Private Insurance with Costly Transactions

Bertola, Giuseppe - 2010

We characterize how public insurance schemes are constrained by hidden financial transactions. When non-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private transactions, and can influence consumption allocation. We show...

Persistent link: https://www.econbiz.de/10013137517

Disclosure, Trust and Persuasion in Insurance Markets

de Meza, David - 2010

This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy's value for money (the claims ratio) and the seller's commission. These information disclosures have virtually no effect despite most buyers claiming to value such information....

Persistent link: https://www.econbiz.de/10013139875