Showing 1 - 10 of 10,707
institutions with diverse ESG profiles to mitigate risk and optimise returns. These potential research perspectives offer …
Persistent link: https://www.econbiz.de/10014460414
of insurance. Third, we help answer the puzzle why the most risk averse are least likely to take up agricultural …We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that … farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members …
Persistent link: https://www.econbiz.de/10011894385
of insurance. Third, we help answer the puzzle why the most risk averse are least likely to take up agricultural …We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that … farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members …
Persistent link: https://www.econbiz.de/10011943900
Reputational risk has become a critical concern for most organizations. Insurers, who rely on trust to generate … expectations, which we test using a rich data set on operational loss risk events. Results indicate that passage of the Sarbanes … significantly related to reputational risk. In some samples, Tobin's Q, the level of competition, and the discount rate also were …
Persistent link: https://www.econbiz.de/10013088818
Index triggers have enabled the extension of insurance to disaster risks by providing a simple mechanism to determine … insurance payment. Disaster risks are notoriously difficult to insure against due to the covariant nature of risks, moral hazard … and adverse selection. Index based risk transfer minimizes these obstacles by not fully insuring the risk. However, such …
Persistent link: https://www.econbiz.de/10013062879
contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …
Persistent link: https://www.econbiz.de/10014025527
to both in- novate and acquire information. Finally, the impact of insurance on the investment and information …
Persistent link: https://www.econbiz.de/10010733788
We study imperfect competition between insurers in a multiple-risk environment. In the absence of asymmetric … tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …
Persistent link: https://www.econbiz.de/10010707228
We define a repairable asset as an irreplaceable commodity whose quality is at risk, but can be partly restored at a …. To optimize the value of insurance, the insurer and the insured have to agree upon repair strategies (when to fix the …
Persistent link: https://www.econbiz.de/10010707799
We study imperfect competition between insurers in a multiple-risk environment. In the absence of asymmetric … tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …
Persistent link: https://www.econbiz.de/10008773599