Akita University of Art: AUA Repository / 秋田公立美術大学リポジトリ
Not a member yet
17414 research outputs found
Sort by
Risk allocation in a public-private catastrophe insurance system:an actuarial analysis of deductibles, stop-loss, and premiums
No full textA public-private (PP) partnership could be a viable arrangement for providing insurance coverage for catastrophe events, such as floods and earthquakes. The objective of this paper is to obtain insights into efficient and practical allocations of risk in a PP insurance system. In particular, this study examines how the deductible and stop-loss levels (retentions) for, respectively, the insured and the insurer, relate to the corresponding maximum required coverage and premium amounts under the 99.9% tail value at risk (TVaR) damage constraint. A practical example of flood insurance in the Netherlands is studied in which the (re)insurance could be provided either by a risk-averse (private) or a risk-neutral (public) agency, which could result in large differences in premiums.</p
An Influence of the British Romanticism on the Etymological Analysis of the word 'educate' : The Definition of 'education' by S.T. Coleridge and the OED
Full text linkdepartmental bulletin pape
Differences in work values:understanding the role of intra- versus inter-country variation
No full textA growing literature emphasizes the need for studies taking a contingency perspective to international HRM to move beyond mean country differences in work values and begin considering intra-country variation (ICV). We use individual-level data on Hofstedeian values—not hitherto available—to infuse this literature with systematic quantitative evidence regarding the importance of ICV vis-à-vis inter- or between-country variation (BCV). We begin by estimating various random effects models, discovering that ICV accounts for the bulk, approximately 85%, of total variation in work values. To add a much-lacking comparative dimension and because ICV only has real-life relevance if we know its sources and can observe them, a three-level multilevel analysis provides a novel disentanglement of the importance of country relative to region and socio-economic stratum as readily observable within-country sources of variation in values. Results show the value for practitioners and scholars of not focusing on country differences strictly but to also consider sub-national categorizations when seeking to understand differences in work values. Key contribution of this paper is to take the debate on ICV out of the theoretical and into the practical realm. Implications of our findings are discussed
Trend in cycle or cycle in trend? New structural identifications for unobserved components models of U.S. real GDP
No full textA well-documented property of the Beveridge–Nelson trend–cycle decomposition is the perfect negative correlation between trend and cycle innovations. We show how this may be consistent with a structural model where permanent innovations enter the cycle or transitory innovations enter the trend, and that identification restrictions are necessary to make this structural distinction. A reduced-form unrestricted version is compatible with either option, but cannot distinguish which is relevant. We discuss economic interpretations and implications using U.S. real GDP data
Competitive Goals and Plant Investment in Environment and Safety Practices:Moderating Effect of National Culture
No full text
Psychological experiment
No full textFor Kierkegaard the ‘psychological experiment’ is a literary strategy. It enables him to dramatize an existential conflict in an experimental mode. Kierkegaard’s aim is to study the source of movement that animates the existing individual (this is the psychological part). However, he is not interested in the representation of historical individuals in actual situations, but in the construction of fictional characters that are placed in hypothetical situations; this allows him to set the categories in motion “in order to observe completely undisturbed what these require” without caring to what extent someone has met this requirement or is able to meet it (this is the experimental part). The ‘psychological experiment’ is a category of indirect communication that is developed most extensively by Frater Taciturnus, the pseudonymous author of the third part of Stages on Life’s Way. (I) Taciturnus introduces the psychological experiment as a new trajectory in modern literature that offers an alternative to poetry and speculative drama. He develops this new trajectory in praxis (in the novella ‘“Guilty?”/“Not Guilty?” A Story of Suffering: A Psychological Experiment by Frater Taciturnus’) as well as in theory (in the ‘Letter to the Reader’ that accompanies his novella). (II) Two other pseudonymous authors further enrich the conceptual field of the psychological experiment. Constantin Constantius develops the notion ‘experimenting psychology’; Johannes Climacus reflects on the reader’s contemporaneity with the character
Institutions and bank performance:A stochastic frontier analysis
No full textThis article investigates the impact of institutions on bank efficiency and technology, using a stochastic frontier analysis of a data set of 7,959 banks across 136 countries over 10 years. The results confirm the importance of well-developed institutions for the efficient operation of commercial banks. Furthermore, the insights reveal the impact of institutional reforms in improving bank efficiency. The results are robust to adjustments in country-specific effects, achieved by including country dummies, as well as across different risk profiles. Moreover, they provide empirical evidence in support of the public view of the banking sector.</p