Registration

WELCOME AND INTRODUCTION

The Geneva Association
Nottingham University Business SchoolT

The Geneva Risk Economics Lecture, 2002

Hans-Werner Sinn
Weber's Law and the Biological Evolution of Risk Preferences

Discussant: Harris Schlesinger

Risk Decomposition

Henri Loubergé & Harris Schlesinger
Coping with credit risk

Discussant: Oliver Burkart

Olivier Mahul
Coping with catastrophic risk: the role of (non)-participating contracts

Discussant: Henri Loubergé

Insurance Markets

Ursina Meier & Chao-Chun Leng
Analysis of multi-national underwriting cycles in property liability insurance

Discussant: Paul Fenn

Mark Browne, Ellen Pryor & Robert Pueltz
The effect of bad faith laws on first party insurance claims decisions

Discussant: Arthur Snow

Information Asymmetries

Keith Crocker & Arthur Snow
Screening in insurance markets with adverse selection and background risk

Discussant: Chritian Gollier

Marie-Cécile Fagart & Bernard Sinclair-Desgagné
Auditing policies and information systems in a principal-agent model

Discussant: Richard Watt

Beliefs over Risks

Francois Salanié & Nicolas Treich
Regulating an agent with different beliefs

Discussant: Mike Bowe

Christian Gollier
Optimal Prevention of unknown risks: a dynamic approach with learning

Discussant: Chao-Chun Leng

Insurance Markets

Thomas Wein
Damages after deregulation: dynamic effects in the German motor vehicle insurance industry

Discussant: Stephen Diacon

Oliver Burkart
Estimating price elasticities of financial services: the case of UK personal pensions

Discussant: Peter Zweifel

Dinner
The Council Dining Room, Trent Building, University of Nottingham
Speaker: Mr Richard Taylor, Head of Research
Association of British Insurers

Risk Economics

Harris Schlesinger, Günter Franke & Richard Stapleton
Multiplicative background risk

Discussant: Luisa Tibiletti

Patrick Roger, Laurent Flochel and C At
Reservation prices, risk aversion and inventories: the linear case

Discussant: Robert Kast

Winfried Koeniger
The Dynamics of self-insurance, insurable assets and market insurance

Discussant: Robert Young

Information Asymmetries

Richard Watt, Ignacio Moreno & Francisco Vazquez
Experience rating as a mechanism against insurance fraud

Discussant: Francois Salanié

Franck Bien
Health insurance when loss severities differ

Discussant: Christophe Courbage

Insurance Management

Sophie Pardo
Unemployment insurance management: a real option approach

Discussant: Winfried Koeniger

Helmut Gründl & Hato Schmeiser
Risk-adjusted performance measurement and capital allocation in insurance firms

Discussant: Paul Klumpes

Insurance Contracting

John Marshall
Bargaining and the penalty for conversion

Discussant: Horst Zank

Risk Comparison

Luisa Tibiletti
As the dependence structure is fixed, do more risky assets lead to more risky portfolios?

Discussant: Pierre Picard

Non-Expected Utility

Ulrich Schmidt & Horst Zank
Risk aversion in cumulative prospect theory

Discussant: Patrick Roger

Closing Remarks

Centre for Risk and Insurance Studies
The Geneva Association

Buffet Lunch
King Charles Suite