under these circumstances. However, we show that the problem can be solved through strict liability, con-tingent auditing … fees, and fair insurance contracts. Neither punitive damages nor deductibles above the damages are required. …

for accounting and financialreporting. Recent decades have seen a proliferation of activities and initiativesto make …

signal of the system and auditing becomes more effective. This paper presents conditions under which insurance fraud and the …The purpose of this paper is to characterize the impact of fraud detection systems on the auditing procedure and the … equilibrium insurance contract, when a policyholder can report a loss that never occurred. Insurers can only detect fraudulent …

In this paper, we estimate the demand for homeowner insurance in Florida. Since we are interested in a number of … mark-up. Second, we estimate the demand for homeowners insurance using two-stage least squares regression. We employ ISO …'s indicated loss costs as our proxy for real insurance services demanded. We assume that the demand for coverage is essentially a …