Models of wages and incentives contracts in the conditions of information asymmetry on the labor market [PDF]
Economic Horizons, 2022 The theoretical model of a perfectly competitive market leads to the efficient allocation of resources, and one of the assumptions of that model is complete information of market participants.
Nada Trivic, Bojana Todic
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Adverse selection in life insurance [PDF]
Iranian Journal of Insurance Research, 2013 In order to expand the demand for insurance in all disciplines, it is necessary to know the conditions and status of information distribution and the issues arising from it; For example, regarding life insurance, the need to understand adverse selection ...
M. Mohammadi
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Risk Classification Efficiency and the Insurance Market Regulation
Risks, 2015 Given that the insurance market is characterized by asymmetric information, its efficiency has traditionally been based to a large extent on risk classification.
Donatella Porrini
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Mathematics, 2021 In this paper, we discuss the demand side management (DSM) problem: how to incentivize a consumer to equalize the load during the day through price-dependent demand. Traditionally, the retail market offers several electricity payment schemes. A scheme is
Natalia Aizenberg, Nikolai Voropai
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From Actuarial to Behavioural Valuation. The impact of telematics on motor insurance
Valuation Studies, 2022 Algorithmic predictions are used in insurance to assess the risk exposure of potential customers. This article examines the impact of digital tools on the field of motor insurance, where telematics devices produce data about policyholders’ driving ...
Alberto Cevolini, Elena Esposito
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Developing the “Why” Facet of Medical Professionalism
Kaohsiung Journal of Medical Sciences, 2008 Numerous articles have been published that discuss medical professionalism from the perspective of “what-to-be” and “what-to-do”. In this paradigm, for doctors to effectively execute the “right” attitudes and behaviors, they must incorporate a “know-how”
Hideki Nomura
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The Impact of Health Impairment on Optimal Annuitization for Retirees
Risks, 2022 Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is relatively small in the insurance market in many countries around the world.
Nurin Haniah Asmuni +2 more
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Macroeconomic Adverse Selection in Machine Learning Models of Credit Risk †
Engineering Proceedings, 2023 Macroeconomic adverse selection is computed as a time series of forecast residuals via the vintage origination model for an industry dataset of auto loans.
Joseph L. Breeden, Yevgeniya Leonova
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Sharia Compliance and Economic Efficiency in Minangkabau Traditional Sharecropping
Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies, 2023 Islamic financing contracts currently marketed in Indonesia use Arabic terminology that might sound strange to many Indonesian Muslims. Even though these financing contracts comply with the sharia components, they may be inefficient in the context of ...
Endrizal Ridwan, Inneke Herti Vania
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The role of collateral against the asymmetric information phenomenon in the Bank lending market and the requisite for effectively play the role in movable collaterals. [PDF]
Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī, 2019 Information inequality of the parties to the contract is known as an asymmetric information phenomenon. This causes two other phenomena called adverse selection and moral hazard that are seen in the banking loans market more effectively.
Hamid Kabiri shahabad +1 more
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