OBJECTIVES The increasing of potential medical demand in China has threatened the health of the population, the medical equity, accessibility to medical services, and has impeded the development of Chinese health delivery system. This study aims to understand the mechanism of the increasing potential medical demand and find some solutions. METHODS We constructed a system dynamics model to ana...

The policyholder dividend of participating insurance is essentially different from the usual equity and bond profit. There are disputes on taxing methods in theory and practice, and different countries adopt different taxing methods. This paper designs a basic framework of the personal income tax system on participating insurance policy. This policy is based on the reality that the participatin...

We examine the demand for risk classification insurance with fuzzy private information using an expected utility set-up. We first demonstrate that standard assumptions on private information cannot explain the observed demand for risk classification insurance. By allowing for fuzzy heterogeneous private information, we show that a unique equilibrium exists that can be of the form that some of t...

the purchase of insurance may cause the insureds to increase the costs of insurance companies, compared to their estimation of costs. if after the demand of insurance services, the loss ratio of insurance companies increases because of consumer behavior, moral hazard will be evident. in this paper, after introducing the literature, the presence of moral hazard in iran insurance company is teste...

OBJECTIVE To examine the effect of price on the demand for health insurance by early retirees between the ages of 55 and 64. DATA SOURCE Administrative health plan enrollment data from a medium-sized U.S. employer. STUDY DESIGN The analysis takes advantage of a natural experiment created by the firm's health insurance contribution policy. The amount the firm contributes toward retiree healt...

In the aftermath of a natural catastrophe there is an increased demand for skilled reconstruction labor, which leads to significant increases of reconstruction labor wages and hence insured losses. Such inflation effects are referred to as "Demand Surge" effects. It is important for insurance companies to properly account for these effects when calculating insurance premiums and determining the...

one effective method for improving the performance of supply chain is making coordination among members of supply chain. this paper studies the subject of coordination of supply chain by using an insurance contract. the supply chain consists of one-manufacturer and one-retailer that the retailer is faced with potential demand and returning of goods from customer. acceptance of goods returned is...

This study focuses on factors driving insurance demand measured as insurance density and growth rate of premiums in emerging markets during the years 1998-2008. Findings indicate that demographic factors explain a greater variance relative to economic and institutional variables for insurance density, while economic factors explain the greatest amount of variance in terms of insurance growth ra...

This paper investigates whether an individual’s emotional profile affects their insurance decision making. We explore how the emotional reaction in conditions of ambiguity and the fear of the unknown affect insurance choices. We conducted psychophysiological experiments on a sample of 645 individuals and find evidence that these emotional variables offer contributions by increasing the predicti...