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English Abstract: In the ongoing public debate on economic migration to Poland, emotional statements, or those without any basis in data, often have the upper hand. But in order to speak rationally about Poland as a destination country for immigrants, it is necessary to fully understand the...
Persistent link: https://www.econbiz.de/10012942848
Polish Abstract: Celem artykułu jest weryfikacja możliwości redukcji negatywnego wpływu asymetrii informacji na rynek ubezpieczeń komunikacyjnych przez wdrożenie produktów typu Usage‑Based Insurance. Autor dokonuje analizy ekonomicznej, uzyskując przewidywania modeli rynku przy...
Persistent link: https://www.econbiz.de/10012923681
So far, the existing literature on the hold-up problem with renegotiation has imposed assumptions such that the post-renegotiation payoffs are absolutely continuous functions. Since payoffs may fail to be differentiable at the investment profile to be sustained, first order conditions for...
Persistent link: https://www.econbiz.de/10004968451
This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...
Persistent link: https://www.econbiz.de/10009151459