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result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of … the relationship between driving and accidents that formalizes Vickrey’s [1968] central insights about the accident … switching to other insurance pricing systems. Under a competitive system of per-mile premiums, in which insurance companies …
Persistent link: https://www.econbiz.de/10011131490
result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of … the relationship between driving and accidents that formalizes Vickrey’s [1968] central insights about the accident … switching to other insurance pricing systems. Under a competitive system of per-mile premiums, in which insurance companies …
Persistent link: https://www.econbiz.de/10011131706
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carrying cost, inventory policies (e.g., stocking levels), and pricing policies (e.g., quantity discounts) for retail …
Persistent link: https://www.econbiz.de/10012611622
carrying cost, inventory policies (e.g., stocking levels), and pricing policies (e.g., quantity discounts) for retail …
Persistent link: https://www.econbiz.de/10012483994
Persistent link: https://www.econbiz.de/10005585433