This paper studies the life cycle consumption-investment-insurance problem of a family. The wage earner faces the risk …

the reduction of risks to their lives which should be used for public decisions on risk-reducing projects. They suggest to … correct observed WTP for the "dead-anyway" effect, which says that WTP increases with the level of risk to which the … satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …

Mortality risk due to water pollution is one of serious problems especially for Asian developing countries. The timing … survey data sets in Laos and Vietnam to ask citizens' WTP for mortality risk reduction, we found relative robust …

We introduce an additive stochastic mortality model which allows joint modelling and forecasting of underlying death … causes. Parameter families for mortality trends can be chosen freely. As model settings become high dimensional, Markov chain … risk model CreditRisk+. This allows exact risk aggregation via an efficient numerically stable Panjer recursion algorithm …