Arbeitspapier
Markets, hierarchies, and hybrids in corporate insurance
The superior risk-bearing ability of commercial insurers is limited. Their comparative advantage depends on the calculability of property-liability loss distributions. Insurance contracts have their own transaction costs and these may outweigh the benefits of the commercial risk transfer. The violation of actuarial preconditions for insurability will augment these transaction costs. This increases incentives for insurance internalization and changes the organizational structures governing the market for corporate insurance. Residual risk bearing by captive and mutual forms may enhance further market exchange.
- Sprache
-
Englisch
- Erschienen in
-
Series: Diskussionsbeiträge - Serie II ; No. 173
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grillet, Luc L.
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
- (wo)
-
Konstanz
- (wann)
-
1992
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Grillet, Luc L.
- Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
Entstanden
- 1992
Ähnliche Objekte (12)
Markets, hierarchies, and hybrids in corporate insurance
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Corporate Hierarchies under Employee Representation
Gender differences in corporate hierarchies
Gender differences in corporate hierarchies
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Private health insurance markets
Markets, hierarchies, and hybrids in corporate insurance
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Corporate Hierarchies under Employee Representation
Gender differences in corporate hierarchies
Gender differences in corporate hierarchies
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Private health insurance markets
Markets, hierarchies, and hybrids in corporate insurance
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Beyond markets, hierarchies, and hybrids: an institutional perspective on IT-enabled two-sided markets
Corporate Hierarchies under Employee Representation
Gender differences in corporate hierarchies
Gender differences in corporate hierarchies
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets
Investor-driven corporate finance: Evidence from insurance markets