This article addresses theoretically the dynamics of innovation and growth paths in an economy producing “standard goods” and emerging “new goods”. We model consumers’ preferences for both types of goods as well as producers’ behaviours in relation with consumers’ decisions. In...

The private long-term care insurance (LTCI) market is a puzzle, in France and in several developed countries (United-States, Spain, etc. . . ). The long-term care insurance market is small, yet long-term care is one of the largest uninsured financial risks facing the elderly. In addition public...

This thesis aims at laying down the theoric foundations for a politics of security and at applying them to the case of crime. For that goal the concept of security will be granted an economic status as a capability according to Sen, for which an axiomatic is proposed. From this work, a security...

This thesis investigates the nature and the objectives of investment prudential regulations in insurance business and its role in asset allocation by insurers. The thesis is divided into the following three parts. Part one explains the importance of insurance sector for savings¤ allocation and...

Investment in low carbon infrastructure is considered an important component of the fight against climate change. The mechanisms of climate regulation (such as carbon offsets) transfer to project developers the risks associated with reducing emissions of greenhouse gas (GHG) emissions, i.e....