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) shows that this constraint might well bind: insured could get higher expected utility if insurance contracts would allow … optimal insurance contract he derives underestimates the relevance of the non-negativity constraint on indemnities. This paper …
Persistent link: https://www.econbiz.de/10010315496
team composition, firm diversification, and IT investments - which arguably alter returns to exploiting synergies through …
Persistent link: https://www.econbiz.de/10010287681
, enterprises that pursue a diversification strategy prove against it as clearly growth-oriented. However, not all enterprises …
Persistent link: https://www.econbiz.de/10010377807
relationships between product diversification, business group affiliation and firm performance in two major economies in Asia. India … Rumelt (1974) implicitly assumed that the diversification-performance relationship is consistent, regardless of the macro … macroeconomic environments. Further, studies linking diversification with firm performance have been carried out mainly in …
Persistent link: https://www.econbiz.de/10011807671
Schaden-versicherung und den damit verbundenen Informationsbedarf für das Management rundeten das Programm ab. Die Vorträge …Premium calculation in insurance is a never ending challenge. Currently a lot of actuaries all over Europe deal with … the derivation of unisex tables for life and health insurance . Changes in legislation, the development of new products …
Persistent link: https://www.econbiz.de/10012317973
the insurance company in making decisions on product, investment and reinsurance mix. The model is based on portfolio … insurance business. In the context of an empirical application we illustrate howa portfolio optimisation approach can be used …
Persistent link: https://www.econbiz.de/10010316238
When working together, people engage in non-contractual and informal interactions that constitute the sociology of the group. We use behavioral models and a unique survey of medical groups to analyze how group sociology influences physician incentive pay and behavior. We conclude that informal...
Persistent link: https://www.econbiz.de/10010267317
physicians have lower participation rates than male physicians plus they are subject to higher occupational mismatch, and (ii …) moonlighting is more frequent among male physicians. In this paper we investigate whether such differences are related to the … university graduates, Spanish physicians are the ones most often coupled to partners with the same educational level and/or same …
Persistent link: https://www.econbiz.de/10010268616
Variation in technology adoption is a key driver of differences in productivity. Previous studies sought to explain variations in technology adoption by heterogeneity in profitability, costs of adoption, or other factors. Less is known about how adoption is affected by bias in the perceived...
Persistent link: https://www.econbiz.de/10014480649
This paper presents a critical overview of some recent attempts at building formal models of organizations as information-processing and problem-solving entities. We distinguish between two classes of models according to the different objects of analysis. The first class includes models mainly...
Persistent link: https://www.econbiz.de/10010328527