Switzerland. Private U.S. but not Swiss insurance has a hedging effect for consumers, while both social insurance schemes expose …This contribution starts out by noting a conflict of interest between consumers and insurers. Consumers face positive … consumers to excess asset volatility. In the insurance systems of both countries, the private component fails to offset …

electricity markets. -- efficiency frontier ; energy ; electricity ; portfolio theory ; Seemingly Unrelated Regression Estimation …This study applies financial portfolio theory to determine efficient electricity-generating technology portfolios for … the United States and Switzerland, adopting an investor point of view. Expected returns are defined by the rate of …

This study applies financial portfolio theory to determine efficient electricity-generating technology mixes for … Switzerland and the United States. Expected returns are given by the (negative of the) rate of increase of power generation cost … Nuclear, Run of river, Storage hydro and Solar in the case of Switzerland, and Coal, Nuclear, Gas, Oil, and Wind in the case …