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transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …
Persistent link: https://www.econbiz.de/10013489498
tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …
Persistent link: https://www.econbiz.de/10008773599
tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …
Persistent link: https://www.econbiz.de/10010707228
We study a competitive insurance market in which insurers have an imperfect informative advantage over policyholders … levels, the persistent profitability and the pooling of risk observed in some insurance markets. Furthermore, we find that a … lower market concentration may entail an increase in insurance premia. …
Persistent link: https://www.econbiz.de/10012053289
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …
Persistent link: https://www.econbiz.de/10011348719
In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature almost exclusively looks at buyers in such combined mechanisms, the current paper summarizes results from the sellers' point of view. Buy-It-Now auctions are complex mechanisms...
Persistent link: https://www.econbiz.de/10014477420
Trades in today's financial system are inherently subject to settlement uncertainty. This paper explores tokenization as a potential technological solution. A token system, by enabling programmability of assets, can be designed to eradicate settlement uncertainty. We study the allocations...
Persistent link: https://www.econbiz.de/10015069781
to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …
Persistent link: https://www.econbiz.de/10010299407
to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …
Persistent link: https://www.econbiz.de/10008597177
authors examine whether insurance against college-failure risk can be offered, taking into account moral hazard and adverse … school graduates in the US and use that model to study the feasibility and optimality of offering insurance against college …-failure risk. The authors find that optimal insurance raises the enrollment rate by 3.5 percent, the fraction acquiring a degree by …
Persistent link: https://www.econbiz.de/10014199318