that parimutuel insurance intrinsically leads to participants being underinsured due to basis risk. Although participants … will be underinsured, parimutuel insurance guarantees no underlying risk borne by the issuer. We also derive the equivalent … transaction costs of traditional insurance relative to HuRLOs. The actual transaction cost for traditional insurance is found to …

core issues in antitrust. Topics include: the organization of the firm, monopoly, price discrimination, oligopoly, and …

leverage their monopoly powerin the local market to the long distance market. We also discuss thewave of mergers in the …

differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The …

für Ertragsversicherungen nach dem Vorbild der USA oder Kanada gefordert. In dieser Arbeit werden daher zum einen … Effekten, wie z.B. Stickstoffauswaschung, kann die Versicherung durch Produktionsausweitung negativ wirken. Als Substitut für … Pflanzenschutzmittel, wenn diese einen negativen externen Effekt haben, würde die Versicherung positiv wirken. Es ist aber zweifelhaft, ob …

learning statistics and gives a brief history of mathematics and statistics. He then explains that insurance made the modern … economy possible because it allowed people to take economic risks. He then states that the basic assumptions of insurance are …

increased risk as perceived by utilities, banks and lessors and the unpredictability of those risks as perceived by insurance … higher rate of return obtaining insurance; or some combination of DOE loan guarantee, lease and insurance. No attempt has …

Today's insurance industry strongly emphasizes developing cost-effective hazard mitigation programs, increasing and … the Insurance Industry.'' Presentations were made by insurance company representatives, insurance trade groups, government … discuss how energy efficiency and renewable technologies can contribute to reducing insurance losses. …