, perceived value, repurchase intention and willingness to recommend to others. The life insurance industry was chosen as the …

that parimutuel insurance intrinsically leads to participants being underinsured due to basis risk. Although participants … will be underinsured, parimutuel insurance guarantees no underlying risk borne by the issuer. We also derive the equivalent … transaction costs of traditional insurance relative to HuRLOs. The actual transaction cost for traditional insurance is found to …

biogeophysical limits of the Earth system by drawing on aspects of insurance systems including forms of social insurance and the … insurance industry. Our proposal achieves this by: (i) creating a financial liability link between current emissions and … approaches to pricing CO2e emissions, has aspects that are consistent with existing forms of insurance. It requires participation …

risk leads to collective risk. Introducing an array of mutual insurance policies and of Arrow securities is shown to lead … to Arrow-Debreu competitive allocations. By combining insurance contracts for individual risks and securities markets for …

risk leads to collective risk. Introducing an array of mutual insurance policies and of Arrow securities is shown to lead … to Arrow Debreu competitive allocations. By combining insurance contracts for individual risks and securities markets for …