Results 211 to 220 of about 16,289 (265)

A ‘bonus/malus’ system with ‘conditioned’ bonus

Insurance: Mathematics and Economics, 1990
Abstract A modification to classic ‘bonus/malus’ system is proposed. Moving to a lower class is allowed only if a particular condition, related to claim frequency of every single class, is verified. The aim is to maintain financial balance and to maximize the efficiency of premium levels, according to the Buhlmann model results.
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Bonus-Malus-System

kma - Klinik Management aktuell, 2009
Gute Kliniken erhalten einen Bonus, nicht so gute einen Abschlag auf die Vergütung, und unterm Strich kostet es das System nicht mehr als bisher: Eine Projektgruppe unter Federführung der Barmer und verschiedener Kliniken hat ein pragmatisches Verfahren entwickelt, das den Erfolg bei der Rehabilitation von Schlaganfallpatienten messbar und eine ...
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Managerial Bonus Systems in a Differentiated Duopoly: A Comment

Managerial and Decision Economics, 2011
A differentiated Cournot duopoly is considered where firm owners delegate the output decision to a manager, who is rewarded on the basis of his performance. If this performance is measured in terms of (i) pure profits, (ii) a combination of profits and sales, (iii) a combination of profits and market share or (iv) relative profits, the latter option ...
Jansen, Thijs   +2 more
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Optimization of Bonus-Malus Systems

2022
Bonus-Malus System (BMS) is a risk managing method mostly used in liability insurances. The most general application of the BMS is in the Motor third-party liability insurance. In a BMS, there are finitely many classes, each having a different premium. At the start of the contract, each policyholder is assigned to the "initial class".
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On bonus systems with credibility scales

Scandinavian Actuarial Journal, 1989
Abstract In the present paper we study bonus systems with linear premium scales in a set-up presented in a paper by Borgan, Hoem & Norberg. Some numerical examples are given.
Vibeke Gilde, Bjørn Sundt
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Motivational impact of bonus system grading

Journal of Chemical Education, 1981
In the design of grading systems it is important to distinguish clearly between situations where the primary intent is to establish a quality scale and those in which the main aim is to offer a carrot to get students to complete a specific piece of work. The study described here compares two grading systems for their motivational impact on the students,
David L. Monts, Miles Pickering
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Underground Incentive Bonus Systems

1983
Although today’s miners may be either hourly paid or salaried employees, most underground mines think of their miners as contractors and remunerate them with a bonus system related to production. Usually, the miner will receive his base wage, irrespective of production output, and a bonus in addition, based on his output, that might be as low as 20% or
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ELECTORAL SYSTEMS WITH A MAJORITY BONUS AS UNCONVENTIONAL MIXED SYSTEMS

Representation, 2014
Among the large family of mixed electoral systems, systems with a majority bonus have been largely overlooked. Based on a comparison of regional elections in France and Italy, this article shows that these systems fit well into the typology as mixed systems.
Bedock, Camille, Sauger, Nicolas
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Bonus Systems and the Expense Burden

2020
This chapter reviews the newer and more complex “task” or “bonus” methods in the light of their bearing on works cost and prime cost plus expense burden. In engineering manufactures, the enormous variety of pieces in shape, size, weight, and material, and the great number of different processes which can be and are applied to any one piece before it is
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