insurance market. The principles of Basel II and Solvency II are discussed. The second part of article concerned with quality … way - insurance, reinsurance and public finance is completed by insurance derivates (CAT bondes) in present. This solution …

The authors of the article point out that the theory of economics has failed to yield a solid theoretical background in …

, the insurance industry has encountered a problem of insurability limits and shifting boundaries of the private insurance …, the insurance industry has found some ways to heighten the limits of insurability, i.e., adjustments of terms and … be implemented by 2013, capital requirements may increase and thus the capacity of the insurance industry might be …

with two well known models. In the paper the demand function for insurance is constructed for the model of maximization of …: the expected-utility theory (von-Neumann, Morgenstern) and the asymmetric value function (Kahnemann, Tversky). While in … the expected-utility model the purest agents are interested in insurance in the first place, in the model of Kahnemann …

The paper emphasizes how changes in credit conditions in the Czech Republic are likely to influence aggregate …/Permanent-Income Hypothesis, including a standard model of consumption and incorporating credit supply. We first concluded that credit conditions … inflation level, growth of real disposable income, and low interest rates support household credit growth. …

the theory of firm, the theory of market process and the theory of property rights. The second section is dedicated to the …