Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
An experimental investigation of insurance decisions in low probability and high loss risk situations
Date
2014-04-01
Author
Özdemir, Özlem
Metadata
Show full item record
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
.
Item Usage Stats
148
views
0
downloads
Cite This
This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying decisions). Most individuals are risk averse with no specific threshold probability.
Subject Keywords
Economics and Econometrics
,
Business and International Management
URI
https://hdl.handle.net/11511/40670
Journal
JOURNAL OF ECONOMIC INTERACTION AND COORDINATION
DOI
https://doi.org/10.1007/s11403-013-0112-2
Collections
Department of Business Administration, Article
Suggestions
OpenMETU
Core
A model to evaluate inventory costs in a remanufacturing environment
Bayındır, Zeynep Pelin; Gullu, R (Elsevier BV, 2003-01-11)
In this study we investigate possible benefits of remanufacturing in inventory-related costs. In order to examine the conditions on different system parameters that make the remanufacturing option cost attractive, the return ratio is considered as a decision variable. The production environment, where the manufacturing and remanufacturing require both common and separate operations, together with the supplier's operations for the new parts and useful lifetime of the product is modeled as a queuing network. ...
Corporate sector liability dollarization and exchange rate balance sheet effect in Turkey
Kesriyeli, Mehtap; Özmen, Erdal; Yigit, Serkan (Informa UK Limited, 2011-01-01)
In this study, we investigate the causes and balance sheet effect consequences of Liability Dollarization (LD) of nonfinancial sectors in Turkey. The dynamic panel data Generalized Method of Moments (GMM) results suggest that both sector specific and macroeconomic variables are significant in explaining the corporate sector LD. Industries appear to partially match the currency composition of their debt with their income streams. Devaluations are found to be contractionary, in terms of investments and profit...
A quantitative analysis of cost-push shocks and optimal inflation volatility
Senay, Ozge; Sutherland, Alan (Informa UK Limited, 2008-01-01)
This article presents a quantitative analysis of optimal inflation volatility in a simple sticky-price general equilibrium model subject to both supply and cost-push shocks. It is found that optimal policy implies a relatively small degree of inflation volatility even when cost-push shocks are the dominant source of economic disturbance. In addition, it is found that optimal policy generates only a very small welfare gain when compared to strict inflation targeting.
Macroeconomic and institutional determinants of current account deficits
Ozmen, E (Informa UK Limited, 2005-07-15)
This study empirically investigates the effects of institutional and macroeconomic policy variables on current account deficits (CAD). Based on cross-section data for a broad number of countries, the results suggest that better governance increases whilst 'original sin' decreases the ability of an economy to sustain CAD. Exchange rate flexibility and openness appear to put a discipline on CAD. Consistent with the equity home bias and Feldstein-Horioka puzzle, CAD decrease with country size. The net impacts ...
Stochastic optimization applied to self-financing portfolio: does bequest matter?
Gazioglu, Saziye; Bastiyali-Hayfavi, Azize (Informa UK Limited, 2010-01-01)
The article studies stochastic optimization of an intertemporal consumption model to allocate financial assets between risky and risk-free assets. We use a stochastic optimization technique, in which utility is maximized subject to a self-financing portfolio constraint. The papers in literature have estimated the errors of Euler equations using data from financial markets. It has been shown that it is sufficient to test the first order Euler equation implied by the model. However, they all assume a constant...
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
Ö. Özdemir, “An experimental investigation of insurance decisions in low probability and high loss risk situations,”
JOURNAL OF ECONOMIC INTERACTION AND COORDINATION
, pp. 53–67, 2014, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/40670.