High losses generated by natural catastrophes reduce the availability of insurance. Among the ways to manage risk, the subscriptions of participating and non-participating contracts respectively permit to implement the two major principles in risk allocation: the mutuality and the transfer...

Using data for 2002-2005 on a representative survey of French farms (FADN-RICA), we investigate the different factors that lead farmers to insure against crop risk. Our analysis takes into account a mix of both standard individual, financial and agricultural criteria. Cross-sectional and...

This dissertation addresses the question of whether a monopolistic banking system can lead to a higher steady state level of capital stock. Specifically, this research analyzes the comparative advantage of a monopoly banking system. By doing that, it examines factors that contribute to the...

Offshore sources, in both shallow and deep waters, are increasingly important contributors to global oil and natural gas production. As both resource owner and taxing authority, national governments play an important role in the production of these offshore hydrocarbons. How the policy choices...

University of Minnesota Ph.D. dissertation. August 2009. Major: Economics. Advisor: Narayana Kocherlakota. 1 computer file (PDF); iv, 65 pages, appendices A-B.

Thesis (Ph. D.)--University of Rochester. William E. Simon Graduate School of Business Administration, 2008.

Unchecked anthropogenic climate change has the potential to destroy human lives and wealth on an unprecedented scale. This dissertation analyzes from an economic perspective various public policy options to correct the market failures caused by climate change.The widespread adoption of...