منابع مشابه
Optimal Deposit Insurance
This paper characterizes the optimal level of deposit insurance (DI) when bank runs are possible. In a wide variety of environments, the optimal level of DI only depends on three sufficient statistics: the sensitivity of the likelihood of bank failure with respect to the level of DI, the utility loss caused by bank failure (which is a function of the drop in depositors’ consumption) and the exp...
متن کاملOptimal Unemployment Insurance
We investigate the design of an optimal Unemployment Insurance program using an equilibrium search and matching model calibrated using data from the reemployment bonus experiments and secondary sources. We examine (a) the optimal potential duration of UI benefits, (b) the optimal UI replacement rate when the potential duration of benefits is optimal, and (c) the optimal UI replacement rate when...
متن کاملOptimal Unemployment Insurance
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متن کاملBehavioral optimal insurance
The present work studies the optimal insurance policy offered by an insurer adopting a proportional premiumprinciple to an insuredwhose decision-making behavior ismodeled by Kahneman and Tversky’s Cumulative Prospect Theory with convex probability distortions. We show that, under a fixed premium rate, the optimal insurance policy is a generalized insurance layer (that is, either an insurance la...
متن کاملA Critical Analysis of Purchasing Arrangements in Kenya: The Case of the National Hospital Insurance Fund
Background Purchasing refers to the process by which pooled funds are paid to providers in order to deliver a set of health care interventions. Very little is known about purchasing arrangements in low- and middle-income countries (LMICs), and certainly not in Kenya. This study aimed to critically analyse purchasing arrangements in Kenya, using the National Hospital Insurance Fund (NHIF) as a c...
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ژورنال
عنوان ژورنال: ASTIN Bulletin
سال: 1975
ISSN: 0515-0361,1783-1350
DOI: 10.1017/s0515036100011223