This thesis contains four essays which are all from the broader field of insurance economics. The chapters can be read independently, although there is a certain connection between the articles. Chapter 2, which deals with moral hazard, and chapter 3, which is on oligopolistic models in the...

The aim of this work is to establish a mathematically precise framework for studying games of capital accumulation under uncertainty. Such games arise as a natural extension from different perspectives that all lead to singular control exercised by the agents, which induces some essential...

Allokationsverfahren zur Vergabe von Zutrittslizenzen an Marktneulinge differieren hinsichtlich mehrerer Aspekte. Einer davon ist die Veröffentlichung der vom Regulierer im Lizenzvergabeverfahren gesammelten Informationen. Der Autor untersucht den Einfluss der Informationsweitergabe auf die...

This thesis contributes to the literature by providing new insights into the patterns and market implications of insider trading. The inferences presented here are based on the insider trading reports filed with the Polish Securities and Exchange Commission and the New Zealand Exchange. First,...

This dissertation examines two problems that may arise in matching problems.The first two chapters deal with auctions for multiple units where bidders exhibitexternalities. The third chapter links risk aversion and information to unraveling inlabor markets.Auctions can lead to efficient...

Since Hotelling's (1929) seminal work, economists have tried to understand how product differentiation affects price competition. I study the product location decisions, on a vertical characteristic space, of two sets of horizontal competitors when the inputs supplied by the "upstream" set (the...

In recent years the electric power industry has been challenged by a high level of uncertainty and volatility brought on by deregulation and globalization. A power producer must minimize the life cycle cost while meeting stringent safety and regulatory requirements and fulfilling customer demand...

While advance booking programs have been shown to be effective for …firms to manage uncertain demand, the effectiveness of such programs is unclear when supply, demand, and price risks are present in a supply chain. Motivated by an advance booking program for managing these three types of...