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Adverse Selection and Non-Exclusive Contracts [PDF]

open access: yes
This paper studies the Rothschild and Stiglitz (1976) adverse selection environment, relaxing the assumption of exclusivity of insurance contracts. Agents can engage in multiple insurance contracts simultaneously, and the terms of these contracts are not
Laurence Ales, Pricila Maziero
core  

Forecasting Natural Gas Futures Price Volatility of the United States: National Versus State‐Level Climate Concern Indexes

open access: yesJournal of Futures Markets, EarlyView.
ABSTRACT This paper uses GARCH‐MIDAS to predict US natural gas futures volatility using national and state‐level Climate Concern Indexes (CCIs). We find that both national and state‐level CCIs positively affect price volatility. Notably, models using state‐level data—specifically those utilizing least‐squares (LS) weighting combinations—surpass the ...
Afees A. Salisu   +3 more
wiley   +1 more source

Country Insurance [PDF]

open access: yes
The recent wave of financial crises has fueled the debate on the effect of IFIs intervention on governments' incentives to undertake reforms. In this paper we treat this intervention more generally as a country insurance contract, and examine its ...
Eduardo Levy Yeyati, Tito Cordella
core  

Contract elements, growing conditions, and anomalous claims behaviour in U.S. crop insurance [PDF]

open access: bronze, 2019
Sungkwol Park   +3 more
openalex   +1 more source

Multifactorial Screening for Fine‐Scale Selection of CCS Industrial Clusters and Hubs in Brazil

open access: yesGreenhouse Gases: Science and Technology, EarlyView.
ABSTRACT As Brazil moves toward implementing its decarbonization commitments, carbon capture and storage (CCS) hubs are emerging as a key pathway for large‐scale CO2 abatement in hard‐to‐abate sectors. This paper presents a multifactorial, data‐driven framework to screen and prioritize potential CCS industrial clusters and hubs across Brazilian regions,
Gustavo P. Oliveira   +5 more
wiley   +1 more source

The Effects of Transitional Yields on Adverse Selection in Crop Insurance [PDF]

open access: yes
Transitional yields based on county average can be used by producers as the basis to obtain crop insurance on fields that have not previously produced the crop.
Chouinard, Hayley H.   +3 more
core   +1 more source

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