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This paper models the gradual elements of catastrophic events on non-life insurance capital with a particular focus on the impact of pandemics, such as COVID-19. A combination of actuarial and epidemiological models are handled by the Markovian probabilistic approach, with Feynman's path...
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expert public. Since March 4, 2020, it has been publishing the numbers of coronavirus infections reported by health … to be more plausible and practicable in Germany. This paper aims to show that RKI's reproduction number is neither theory … accordance with epidemiologic theory. The correct calculated Rnumber could serve as reliable compass leading health policymakers …
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We study the interaction between epidemics and economic decisions in a model where (1) agents allocate their time to market and home production and social and home leisure, (2) these activities differ in their degree of contagiousness, (3) some infected individuals are indistinguishable from...
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