We formulate a noncooperative game to model competition for policyholders among non-life insurance companies, taking into account market premium, solvency level, market share and underwriting results. We study Nash equilibria and Stackelberg equilibria for the premium levels, and give numerical illustrations.

Increasing competition on markets induces a vital need for companies to improve their efficiency and reactivity. For this, a solution is to deploy, improve and manage their processes while paying a special attention on the abilities of the resources involved. Particularly, the interoperability of the latter is considered in this article as a challenge conditioning the success of the deployment....

the study of entrepreneurial orientation concept and codifying a proper strategy to improve the performance of companies has a great importance as the companies have allocated more product market share to themselves by representing new and unique products according to customers’ requirements. the purpose of this study is to examine the impact of entrepreneurial orientation and competitive strat...

As time-based competition is gathering ground among leading companies, express checkouts become more and more widely used for waiting time reduction. Express line systems, however, can be formed and operated in several ways. This article reviews the most important management issues related to the analysis and improvement of waiting process at the checkouts of ex-

Companies try to seamlessly integrate all areas of their business by adopting technologies such as business process reengineering, supply chain management, ERP and customer relationship management in an attempt to address increasing global competition. ERP is still the most used technology for enterprise integration. This paper presents a six-level framework of ERP enterprise integration and de...

We analyze the effect competition has on the decisions of life insurance companies. In particular, we are interested in the companies’ choices of policy rates and investment strategies given that they have issued contracts with a minimum rate of return guarantee. Our modeling framework is a one-period Cournot model of duopoly. We find policy rates and investment strategies that sustain a Nash e...