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Applications of Decisions under Uncertainty in the Case of Omniasig-Life Insurance S.A. [PDF]
Informatică economică, 2006 Uncertainty is given because we don’t know the nature state event. The company can only estimate the demand of policies in order to estimate the received premiums.
Stelian STANCU
doaj
The Shifting Shape of Risk: Endogenous Market Failure for Insurance
Risks, 2017 This article considers an economy where risk is insurable, but selection determines the pool of individuals who take it up. First, we demonstrate that the comparative statics of these economies do not necessarily depend on its marginal selection (adverse
Thomas G. Koch
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Cogent Business & Management, 2023 Insolvency proceedings are strategic for the competitiveness of a national economy. The new law, but also new financial situation of organizations affect the new normal of insolvency framework.
Unai Olabarrieta +2 more
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Insurance loss coverage under restricted risk classification: The case of iso-elastic demand [PDF]
, 2016 This paper investigates equilibrium in an insurance market where risk classification is restricted. Insurance demand is characterised by an iso-elastic function with a single elasticity parameter.
Angus S. Macdonald +6 more
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Adverse Selection in Cryptocurrency Markets
SSRN Electronic Journal, 2022 AbstractIn this article we investigate the influence that information asymmetry may have on future volatility, liquidity, market toxicity, and returns within cryptocurrency markets. We use the adverse‐selection component of the effective spread as a proxy for overall information asymmetry. Using order and trade data from the Bitfinex exchange, we first
Tiniç, Murat +4 more
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Dynamic adverse selection and debt [PDF]
European Economic Review, 1997 This paper argues that the strategic use of debt favours the revelation of information in dynamic adverse selection problems. Our argument is based on the idea that debt is a credible commitment to end long term relationships. Consequently, debt encourages a privately informed party to disclose its information at early stages of a ...
Faure-Grimaud, Antoine, Chemla, Gilles
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Implications of Asymmetric Information in the Real Estate Crisis in US [PDF]
Theoretical and Applied Economics, 2011 The economic crisis is now a common reality in most parts of the world, being translated in mass unemployment, collapse of the social system and an impressive number of bankruptcies.
Marta Christina SUCIU +2 more
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Assymetric information in the financial market: Sequential move games [PDF]
Ekonomski Anali, 2006 This paper analyses equilibrium in financial market when investors are aymmetrically informed, by using the methodology of game theory. We will show that bid-ask spread is increasing in probability of insider trading.
Trifunović Dejan
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Agency Theory Related to Trustworthy Profit Sharing in Suppressing the Adverse Selection Problem
El Barka, 2021 This study aims to determine how agency theory is related to the trustworthy profit sharing in suppressing the adverse selection problem. This research is a qualitative research. The type of research that researchers use is library research.
Lisna Warliana +1 more
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Corruption and Adverse Selection [PDF]
, 2019 It is well known that in the presence of asymmetric information, adverse selection has detrimental effects on possible exchanges. We go a step further, and present a game-theoretic setup in which under such adverse selection effects there are uncertain benefits for bribing unknown players’ types (e.g., individuals, committees, or companies).
Koutsougeras, Leonidas +2 more
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