Quantum Computing in Insurance Capital Modelling

Modelling Parallel Quantum Computing Using Transactional Memory

We propose a model for parallel quantum computing in a single ensemble quantum computer using Haskell’s software transaction memory. The parallel ensemble quantum computer possesses, besides quantum parallelism, a kind of classical single-instruction-multiple-data parallelism. It explores additional speedup by making quantum computers working in parallel, as in classical computation. The whole ...

Unemployment insurance and capital accumulation

In this paper, I examine a model economy with production, search, and unemployment insurance. The introduction of capital into the economy of Wang and Williamson (2001) generates the result that optimal replacement ratios are always zero. The result arises from the decline in aggregate activity caused by unemployment insurance: both capital and labor inputs to production fall when benefits rise...

Modelling of High Quantum Efficiency Avalanche Photodiode

A model of a low noise high quantum efficiency n+np Germanium Photodiode utilizing ion implantation technique and subsequent drive-in diffusion in the n layer is presented. Numerical analysis is used to study the influence of junction depth and bulk concentration on the electric field profile and quantum efficiency. The performance of the device is theoretically treated especially at the wave-l...

Allocation of Capital in the Insurance Industry

Capital, Systemic Risk, Insurance Prices and Regulation

We develop a uni ed equilibrium model of competitive insurance markets that incorporates the demand and supply of insurance as well as insurers' asset and liability risks. Insurers' assets may be exposed to both idiosyncratic and systemic shocks. We obtain new insights into the relationship between insurance premia and insurers' internal capital that potentially reconcile the con icting predict...