THE BOWER AND KEATES INDEMNITY FUND.

Animal disease incidence and indemnity eradication programs

There are many options for controlling the spread of animal diseases. Some diseases have been treated as public sector problems and many nations have tried to control disease spread by purchasing sick animals from farmers. Government agencies have purchased breeding stock that might transmit diseases. Government agencies have purchased animals that might otherwise have gone to the slaughterhous...

Withering on the vine: the decline of indemnity health insurance.

Bower paint removal leads to reduced female visits, suggesting bower paint functions as a chemical signal

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Transfer Problem Dynamics: Macroeconomics of the Franco-Prussian War Indemnity

We study the classic transfer problem of predicting the effects of an international transfer on the terms of trade and the current account. A two-countrymodel with debt and capital allows for realistic features of historical transfers: they follow wartime increases in government spending and are financed partly by borrowing. The model is applied to the largest historical transfer, the Franco-Pr...

Can an Optimal Insurance Contract Violate the Principle of Indemnity?

The principle of indemnity is well-accepted in the field of insurance and is also commonly assumed in the literature of optimal contract design. However, should this principle be imposed on all insurance contracts without exceptions? Does there exist an insurance contract that is optimal for both the insurer and the insured even as the principle of indemnity is violated? The answer is yes. This...