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Foundations of Economic Analysis of Law
Foundations of Economic Analysis of Law, by Steven Shavell, 2004, The Belknap Press of Harvard University Press, 737 pages. Steven Shavell has contributed to the foundations of economic analysis ofExpand
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Testing for Evidence of Adverse Selection in the Automobile Insurance Market: A Comment
We analyze jointly the distribution of automobile accidents and the choice of deductible. One prediction in the literature is that high risk individuals will choose small deductibles within riskExpand
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Self-Insurance, Self-Protection and Increased Risk Aversion
Dans Ce Texte Nous Analysons L'effet D'un Accroissement du Degre de Riscophobie Sur les Activites D'auto-Assurance et D'auto-Protection. Nous Montrons Que Contrairement aux ActivitesExpand
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Risk Management: History, Definition, and Critique
The study of risk management began after World War II. Risk management has long been associated with the use of market insurance to protect individuals and companies from various losses associatedExpand
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The value of a statistical life: a meta-analysis with a mixed effects regression model.
The value of a statistical life (VSL) is a very controversial topic, but one which is essential to the optimization of governmental decisions. We see a great variability in the values obtained fromExpand
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Credit Risk: Pricing, Measurement, and Management
Credit Risk: Pricing, Measurement, and Management, by Darrell Duffie and Kenneth J. Singleton, 2003, Princeton, NJ: Princeton University Press Credit risk is the major challenge for risk managers andExpand
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Scaling Models for the Severity and Frequency of External Operational Loss Data
This paper investigates how the severity and frequencies of external losses are scaled for integration with internal data. Expand
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New Evidence on the Determinants of Absenteeism Using Linked Employer-Employee Data
This paper provides new evidence on the determinants of absenteeism. The authors extend the typical labor-leisure model used to analyze the decision to skip work to include firm-level policyExpand
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A Generalization Of Automobile Insurance Rating Models: The Negative Binomial Distribution With A Regression Component
The objective of this paper is to provide an extension of well-known models of tarification in automobile insurance. The analysis begins by introducing a regression component in the Poisson Model inExpand
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