irreversiblen Investitionen unter Risikoneutralität und Risikoaversion. Durch Integration der Besteuerung in realoptionsbasierte … Risikoneutralität zu identischen Investitionsentscheidungen führen. Unter Risikoaversion dagegen benötigt contingent claims analysis ein … Programmierung als Individualkalkül auch unter Risikoaversion zumindest im steuerfreien Fall explizite Lösungen. Nach Steuern liefern …

insurance in Western Australia. Design/methodology/approach – A farm survey was conducted with the cooperation of dryland … farmers belonging to Western Australian grower groups. The willingness to pay for hail insurance is modelled as a function of … willingness to pay for crop insurance one‐to‐one by 20 per cent. Adverse selection plays a minor role because almost all farmers …

insurance industry. These are important impacts of the liberalization and opening of the German insurance market. With the aid …

violating French criminal law. There has been an increasing trend in France to make corporate governors accountable, and French … types of violations. A corporate governor may be at least partially protected from personal liability with insurance, with …

This paper examines some of the key features of social health insurance systems by drawing on experiences in Germany …, Switzerland, France and The Netherlands. These countries have all implemented a variety of reforms, including some competition … considering adopting aspects of social health insurance systems.  …

The underlying rationale for insurance purchases and other forms of risk management is aversion to risk, yet the …