Optimal Opt-in “Climate” Contracts

optimal joint survival probability of xl reinsurance contracts in iran insurance company

اگر تنها یک صنعت جهت حفظ تعادل در بازار جهانی ضروری باشد، می توان ادعا نمود که آن صنعت بیمه است. صنعت بیمه بدون کمک صنعت بیمه اتکایی قادر به انجام وظیفه خویش نخواهد بود. اکثر تحقیقات انجام گرفته در زمینه بیمه اتکایی تنها با در نظر گرفتن منافع شرکت بیمه شده بوده است و منافع شرکت بیمه گر اتکایی کمتر مورد توجه بوده است. در این رساله با در نظر گرفتن منافع همزمان هر دو شرکت بیمه گذار اصلی و بیمه گر ...

Optimal Contracts for Experimentation

This paper studies a model of long-term contracting for experimentation. We consider a principal– agent relationship with adverse selection on the agent’s ability, dynamic moral hazard, and private learning about project quality. We find that each of these elements plays an essential role in structuring dynamic incentives, and it is only their interaction that generally precludes efficiency. Ou...

Robustness and Optimal Contracts

This paper studies the design of an optimal unemployment compensation scheme in the presence of unobservable search effort and model uncertainty about re-employment opportunities. It extends the work of Hansen and Sargent on robust decision making to a dynamic principal-agent setting. The optimal contract can be characterized recursively. The results are applied to the optimal unemployment insu...

P-OPT: Program-Directed Optimal Cache Management

As the amount of on-chip cache increases as a result of Moore’s law, cache utilization is increasingly important as the number of processor cores multiply and the contention for memory bandwidth becomes more severe. Optimal cache management requires knowing the future access sequence and being able to communicate this information to hardware. The paper addresses the communication problem with t...

Opt in or opt out: what is optimal for prenatal screening for HIV infection?