Showing 1 - 10 of 753
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 …
Persistent link: https://www.econbiz.de/10009439051
response could be taken, as for example mitigation and insurance. This doctoral thesis focuses on the relation between the … insurance and the mitigation approach. It studies the impact of insurance instruments on mitigation of climate change. The main …
Persistent link: https://www.econbiz.de/10009476245
allows them to extend to consumers individually adjusted fair insurance offers. In a market which is characterized by … for the analysis in this thesis. Its purpose is to study the incentives of the agents in the car insurance market … in terms of the design of contracts and to the policy maker in terms of regulating the insurance market. After a short …
Persistent link: https://www.econbiz.de/10009482327
Recent trends in the provision of infrastructure development indicate that the private sector is playing an increasingly important role in the procurement process. This trend has partly arisen out of a necessity for the development of infrastructure to be undertaken at a rate that maintains and...
Persistent link: https://www.econbiz.de/10009458991
Recent academic discussion regarding crop insurance in developing and transition countries has focused on weather index … insurance. But empirical analyses of such schemes based on farm level data cannot be found in the literature, though this … insurance type shows clear advantages compared to multiple-peril crop insurance and revenue insurance. Recent empirical …
Persistent link: https://www.econbiz.de/10009442556
A wide variety of insurance products is available to agricultural producers to insure against yield or price risks in … over the last decade. This paper outlines the development of an insurance product aimed at corn producers who are members …
Persistent link: https://www.econbiz.de/10009443093
The vast majority of crop and revenue insurance policies sold in the United States are single-crop policies that insure … uses an insurance approach to outline a risk management tool which mimics the gross margin level of a typical corn …
Persistent link: https://www.econbiz.de/10009445759
insurance for modelling dependent risks. However, simulating multivariate Archimedean copulas has always been a difficult task … have recently discussed the concept of dependencies between insurance risks. They suggest that insurers should use a … technique based on copulas to describe the dependence of risks within an insurance company in the context of solvency assessment …
Persistent link: https://www.econbiz.de/10009484265
Persistent link: https://www.econbiz.de/10010434923
The framework takes into account non-quantifiable decision variables and dilemmas, and uncertainties related to input data. The RISKMAN model scheme consists of process description and a range of suggested evaluation criteria as well as guidelines on how is possible to perform the evaluation. In...
Persistent link: https://www.econbiz.de/10011437121