Is the Demand for Corporate Insurance a Habit? Evidence of Organizational Inertia from Directors' and Officers' Insurance

We show that the determinants of the demand for health insurance are not only the correlation between the health and uninsurable risks as shown by Doherty and Schlesinger (1983a)

The results from the theoretical sections find their application here and we find that, if there is a risk and ambiguity neutral investor, willing to provide contingent capital

We show that the risk premium of such catastrophic events may be a non-negligible proportion of indi- viduals’ wealth when the index of absolute risk aversion is sufficiently large

Looking specifically at over 1,800 large companies across regions and industry sectors that are headquartered in the U.S., we conclude that larger companies are more likely

The analysis covered four contrasting periods such as the complete dry season (January to March 2004), the dry to wet transition period (April to May 2004), the rainy season (June

1180 K. Kauristie et al.: What can we tell about electrojets from a single magnetometer chain?.. Activity dependence of the average relative errors between the global and local A¸.

Section 3 presents details of the proposed method: patch-level Fisher vector embedding (Section 3.1), sparse localization models (Section 3.3) and first-order approximation of the

Then, the experimental scheme of this paper allows examining three major concerns: Are financial, individual and catastrophic characteristics of farms subscribing crop