Hosts (or nodes) in the Internet often face epidemic risks such as virus and worms attack. Despite the awareness of these risks and the importance of network/system security, investment in security protection is still scare, and hence epidemic risk is still prevalent. Deciding whether to invest in security protection is an interdependent process: security investment decision made by one node ca...

This article shows through a simple model that there is a monotonic relationship between the competitiveness of the product market and firms’ demand for insurance. The more competitive the product market is, the more likely firms competing in the market will acquire insurance or purchase full coverage. This holds true no matter whether firms exhibit risk aversion or not in their preferences. In...

the adverse effect of climate change on agriculture has increased the importance of weather index insurance, particularly in developing countries. by using several econometric models, this study estimated the price and evaluated its effectiveness in rainfall index insurance for rice and wheat in nepal. crop yields associated with seasonal rainfall in three crop reporting districts were applied ...

Insurance is defined as a cooperative device to spread the loss caused by particular risk over number of persons who are exposed it and agree ensure themselves against that risk. The scenario whole changing life insurance increasingly being considered 'an investment option' investors companies. objective study evaluate an option post privatization also shift in people's preferences from other c...

This paper talks about the measurement of efficiency and productivity of non-life insurance firms in India. This study is focused on twelve private non-life insurance firms and four public sector non-life insurance firms of India in the period 2008-09 to 2012-13. Data Envelopment Analysis (DEA) coupled with Malmquist productivity Index is used in measuring the efficiency as well as productivity...

We investigate how the employment-based health insurance system in the U.S. affects individuals' life-cycle health-care decisions. We take the viewpoint that health is a form of human capital that affects workers' productivities on the job, and derive implications of employees' turnover on the incentives to undertake health investment. Our model suggests that employee turnovers lead to dynamic ...