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This paper describes the lottery- and insurance-market equilibrium in an economy with non-convex private- and public … separate insurance market to operate, one for private-sector work, and one for public- sector employment. In addition, given … that the labor choice for private- and public- sector hours is made in succession, the insurance market for public …
Persistent link: https://www.econbiz.de/10011591576
This note describes the lottery- and insurance-market equilibrium in an economy with both private and public sector …, the framework requires that there should be separate insurance markets: a public and a private sector one, which would … pool the unemployment risk of the corresponding group of households. The unemployment insurance market segmentation is a …
Persistent link: https://www.econbiz.de/10011487011
This study proposes an efficacious approach to analyze the over-dispersed insurance frequency data as it is imperative … for the insurers to have decisive informative insights for precisely underwriting and pricing insurance products …, retaining existing customer base and gaining an edge in the highly competitive retail insurance market. The delta boosting …
Persistent link: https://www.econbiz.de/10013200554
The growing trend in the number and severity of auto insurance claims creates a needfor new methods to efficiently … study considers how automotive insurance providers incorporate machinery learning intheir company, and explores how ML … models can apply to insurance big data. We utilize various MLmethods, such as logistic regression, XGBoost, random forest …
Persistent link: https://www.econbiz.de/10013200711