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Since the 1980's the phenomenon of potential climate change or 'global warming' has been one of the predominant topics in environmental economics. Uncertainty is one of the main characteristics of climate change since many important scientific relationships are not yet well enough understood....
Persistent link: https://www.econbiz.de/10009476245
Im Fahrzeugbau und im Verkehrswesen hat die praktische Umsetzung von Ubiquitous Computing Technologien einen hohen Grad erreicht. Unter diesem Begriff ist die Ausstattung unterschiedlicher Gegenst?nde mit Prozessoren und Sensoren zu verstehen, welche in der Lage sind, Daten ?ber ihren eigenen...
Persistent link: https://www.econbiz.de/10009482327
Ziel dieser Arbeit ist es, ausgehend von der Marktsituation der deutschen Direktversicherungsunternehmen, eine Perspektive f?r den Absatz von Versicherungsprodukten ?ber das Internet zu entwickeln. Im Anschluss an die einf?hrenden ?berlegungen werden die technischen Grundlagen des Internets kurz...
Persistent link: https://www.econbiz.de/10009484791
In jüngster Vergangenheit hat die Versicherungswirtschaft einen grundlegenden Wandel durchlaufen. Deregulierung, Globalisierung sowie Substitutionskonkurrenz führten zu einem verschärften Wettbewerb um Marktanteile bei sinkenden Gewinnmargen. Aufgrund dieser neuen Wettbewerbsdynamik und den...
Persistent link: https://www.econbiz.de/10010262915
Empirical research in organizational ecology has mainly focused on analyzing founding and mortality rates using life history data of the organizations. We try to extend this approach in our study in a number of ways. In contrast to most empirical studies in organizational ecology, we chose a...
Persistent link: https://www.econbiz.de/10010262999
Expected utility theory holds that the demand for insurance is a demand for certainty, because under the conventional specification of the theory, it appears as if buyers of insurance prefer certain losses to actuarially equivalent uncertain ones. Empirical studies, however, show that...
Persistent link: https://www.econbiz.de/10010263364
This paper explores empirically the link between French equities returns Value-at-Risk (VaR) and the state of financial markets cycle. The econometric analysis is based on a simple vector autoregression setup. Using quarterly data from 1970Q4 to 2008Q3, it turns out that the k-year VaR of French...
Persistent link: https://www.econbiz.de/10010264597
Persistent link: https://www.econbiz.de/10010265106
Economists have concerns about the firing cost implications of mandated severance plans. Analysis reveals that predicted severance plan consequences depend critically on the precise structure of the plan. Whether governments mandate (i) severance insurance plans or (ii) severance savings plans...
Persistent link: https://www.econbiz.de/10010269826
Empirical evidence that migrants send home more remittances after disasters raises the question of whether remittances can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique data set on the usage patterns of financial services...
Persistent link: https://www.econbiz.de/10010270469