Titlebook: Risk, Information and Insurance; Essays in the Memory Henri Loubergé Book 1991 Kluwer Academic Publishers 1991 economics.insurance.market s

Explosive

自作多情

Price Regulation and Segmented Insurance Marketsreased marketed output. Managers and investors are also more and more concerned with the efficiency and profitability of their companies and the general conclusion is that deregulation is more likely to increase marketing efficiency than to increase the quantities produced or consumed.

轨道

Borch’s Theorem: A Historical Survey of Applications worldwide attention, as demonstrated by the continous flow of articles applying, or extending, Borch’s seminal ideas. Self-contained presentations of the model can be found in the textbooks of Borch [10], Bühlmann [13], and Gerber [23], among others.

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Instrumental

Borch’s Theorem: A Historical Survey of Applicationsvely developed the risk exchange model that will forever bear his name. Over a quarter of a century after its creation, the model continues to attract worldwide attention, as demonstrated by the continous flow of articles applying, or extending, Borch’s seminal ideas. Self-contained presentations of

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有角

Systemic

The Welfare Economics of Moral Hazardidance activities cannot be perfectly monitored, is pervasive in the economy.. Since individuals do not bear the full consequences of their actions, incentives for accident avoidance tend to be less than if they did. This, in itself, does not imply that the market is (constrained) inefficient; to es

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Moral Hazard and Insurance Market Structures—insureds, insurers, and reinsurers. This structure should not be viewed simply as a special version of the common marketing system in which the reinsurer is analogous to a wholesaler and the insurers are analogous to the retailers. Careful examination reveals a much more complicated framework invo