This paper analyzes the rationale of long-term care insurance purchasing, from a statistical analysis of insurance data and a life cycle model. We make a short survey of the pros and cons of LTC insurance purchase. Then risk distributions in the occurrence and duration dimension are estimated on...

The gaming and hospitality sector has been expanding rapidly in recent years. Concurrently energy consumption in this sector has surged significantly. This paper reviews the literature on the relationship between electricity consumption and economic growth and introduces the 4-parameter logistic...