The article pays attention to the importance of insurable interest in modern legal environment. is looked at relation risk; meaning insured property losses also explained. formulates features for a single concept insurance contract. In focus are such as legitimacy and private (subjective) nature. author reveals difference between objective subjective sides analyzes judicial practice. It conclud...

John Remmers, MD, University of Calgary, Calgary Canada Conflict of interest: Zephyr Sleep Technologies employee and share holder Shouresh Charkhandeh, DDS, The Snore Center, Calgary Canada Conflict of interest: Zephyr Sleep Technologies share holder Joshua Grosse, MMath, Zephyr Sleep Technologies, Calgary Canada Conflict of interest: Zephyr Sleep Technologies employee and share holder Zbigniew...

We present a general equilibrium model with incomplete markets and borrowing constraints to study the interest rate term structure. Agents face both an aggregate risk and an idiosyncratic risk of unemployment, which is not insurable. We derive analytical expressions for the bond prices, whatever their maturities. We also exhibit the e ects of credit constraints on the whole price structure. The...

A distributed health data network is a system that allows secure remote analysis of separate data sets, each comprising a different medical organization's or health plan's records. Distributed health data networks are currently being planned that could cover millions of people, permitting studies of comparative clinical effectiveness, best practices, diffusion of medical technologies, and quali...

Romantic partners often have to sacrifice their interests to benefit their partner or to maintain the relationship. In the present work, we investigated whether relative power within the relationship plays an important role in determining the extent to which partners are likely to sacrifice. Drawing from both classic theories and recent research on power, we tested two competing predictions on ...

The Competing financial interests statement in this Article should read: " The University of Bergen has pending patent applications on the screening technology. Family members of the European patent, Application No. 13194536.2 – 1408 are pending. The six authors T. are named as inventors in these applications ". This work is licensed under a Creative Commons Attribution 4.0 International Licens...

The Provisional Act (Medida Provisória – MP) 2,186-16, of August 23, 2001, was the first legal framework to regulate access to Genetic Heritage (GH)1 and Associated Traditional Knowledge (ATK)2 in Brazil for purposes of scientific research, bioprospecting, and technological development. This MP was also responsible for the creation of the Genetic Heritage Management Council (CGen). However, thi...

When …rms access unbounded liability exposures and are granted limited liability, then an all equity …rm holds a call option, whereby it receives a free option to put losses back to the taxpayers. We call this option the taxpayer put, where the strike is the negative of the level of reserve capital at stake in the …rm. We contribute by (i) valuing this taxpayer put, and (ii) determining the lev...

The economic literature shows that privatizing Social Security can improve labor supply incentives, but it can also reduce risk sharing when households face uninsurable risks. We simulate a stylized 50-percent privatization with transaction costs financed by consumption taxes and examined its impact on macroeconomic variables as well as on the welfare across generations and income classes. Our ...