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Contracting out of the insurance act 2015 in commercial insurance contracts
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Multi-period insurance contracts
International Journal of Industrial Organization, 1987This paper examines the form of insurance contracts in the presence of asymmetric information about consumers’ accident probabilities. Our goal is to understand the adjustment in contract terms as a function of accident histories in a finite horizon model. We also compare these adjustments between alternative market structures.
Russell Cooper, Beth Hayes
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Insurance contracts portfolios with heterogenous insured ages
Insurance: Mathematics and Economics, 2004zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Dahan, Merav +2 more
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Contract farming as partial insurance
World Development, 2021Abstract A core result of contract theory is that contracts can help transfer risk from one party to another, the latter insuring the former. We test this prediction and explore the mechanism behind it in the context of contract farming, the economic institution wherein a processor contracts the production of a commodity to a grower. Specifically, we
Bellemare, Marc F +2 more
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YOUR MALPRACTICE INSURANCE CONTRACT
Journal of the American Medical Association, 1958Professional liability insurance contracts are not all the same. Individual contracts must be studied for possible gaps in coverage. The limitations and exclusions they contain are not a criticism of the insurance industry, for they determine whether an insurance company can stay in business.
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Insurance: Mathematics and Economics
The paper presents a scheme to derive optimal insurance contracts in which the insured maximizes her expected utility, and the insurer limits the variance of his risk exposure while maintaining the principle of indemnity and charging the premium according to the expected value principle.
Yichun Chi +2 more
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The paper presents a scheme to derive optimal insurance contracts in which the insured maximizes her expected utility, and the insurer limits the variance of his risk exposure while maintaining the principle of indemnity and charging the premium according to the expected value principle.
Yichun Chi +2 more
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1989
Keith Martin has, for the last ten years, managed a large shoe shop in the centre of a city. It has always been his ambition to run his own business but up until recently he has never had sufficient money to be able to purchase a shoe shop. Keith is, however, left quite a large sum of money and by chance a shoe shop near his home is put up for sale ...
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Keith Martin has, for the last ten years, managed a large shoe shop in the centre of a city. It has always been his ambition to run his own business but up until recently he has never had sufficient money to be able to purchase a shoe shop. Keith is, however, left quite a large sum of money and by chance a shoe shop near his home is put up for sale ...
openaire +1 more source

