Showing 1 - 10 of 16,114
We analyze the effect of counterparty risk on insurance contracts using the case of credit risk transfer in banking. In … the insurer can create an incentive for the insuree to reveal superior information about the risk of their "investment … problem and may not decrease counterparty risk. Our research suggests that regulators should be wary of risk being offloaded …
Persistent link: https://www.econbiz.de/10011940750
tools in a standard insurance demand theory environment. We concentrate on the problem of basis risk versus transaction cost …The use of catastrophe bonds (cat bonds) implies the problem of the so called basis risk, resulting from the fact that … the problems of moral hazard and default risk, an important advantage of cat bonds can be seen in the presumably lower …
Persistent link: https://www.econbiz.de/10010316284
purchase the insurance, even though they overwhelmingly cite rainfall variability as their most significant source of risk. We … insurance product designed to compensate low-income Indian farmers in the event of insufficient rainfall during the primary … monsoon season. We first document relatively low adoption of this new risk management product: Only 5-10 percent of households …
Persistent link: https://www.econbiz.de/10010283568
unique risks, control problems and challenges. In this paper we focus on the control of relational risk, a form of risk … outsourcing relationships involving India based vendors and clients in UK, this paper identifies relational risks and the controls …
Persistent link: https://www.econbiz.de/10010277906
, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …
Persistent link: https://www.econbiz.de/10010273728
Research on risk communication relates basic risk perception studies to the formulation of policies, the currently … evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk … communication is a relatively new field based on a sociological approach. The discipline comes from risk perception studies …
Persistent link: https://www.econbiz.de/10011608544
is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …
Persistent link: https://www.econbiz.de/10010271411
The financial crisis of 2007-2008 had major implications for the foreign exchange market. We review events and implications for exchange rates, volatility, returns to currency investing, and transaction costs. This blow-by-blow" narrative is intended to be a resource for researchers seeking a...
Persistent link: https://www.econbiz.de/10010266026
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a issues in the infinitely repeated multi-player prisoner's dilemma...
Persistent link: https://www.econbiz.de/10010277495
positive correlation between the amount of insurance coverage and risk type, as in the standard economic models of adverse …We examine insurance markets with two types of customers: those who regret suboptimal decisions and those who don.t. In … selection, but there also exist separating equilibria that predict a negative correlation between the amount of insurance …
Persistent link: https://www.econbiz.de/10010303737