1,720,993 research outputs found
Process of medical malpractice risk allocation in the Italian public health systems
No full textThis paper is aimed at analysing the key issues of the process of medical malpractice risk allocation in the Italian public health system. We introduce the function of liability insurance and we discuss also the problems related to optimal coverage design. We then turn to the empirical section thanks to a large database which includes all the information contained in 308 tender notices concerning the acquisition of RCT/O coverage by the Italian local public health firms between 2003 and 2006. The analysis of the data collected provides a first assessment of i) the ability of the Italian public sector to find risk coverage on the private insurance market, ii) the dynamics of prices and market power of insurance firms, and iii) the role of insurance brokers. We propose two alternative scenarios which explain the proposed empirical evidence
L'assicurazione R.C. auto in Italia : l'interpretazione della crisi, i possibili rimedi, le linee di ricerca futura. Working Paper Cerap Università Bocconi n.20.
No full textXIX Scuola AiIG in Ingegneria Gestionale
No full textLa Scuola è organizzata con il coinvolgimento diretto di tutti i Coordinatori dei Dottorati di ricerca che fanno capo al settore ING-IND/35, ed è indirizzata a tutti i giovani che intendono operare in questo ambito di ricerca.
L'edizione del 2011 è organizzata proponendo due distinti momenti di formazione.
Le mattine sono state articolate in lezioni plenarie e discussioni dedicate a specifiche tematiche di ricerca. Il filo conduttore - multidisciplinare - è riconducibile all'economia e al management nelle industrie dei servizi.
I pomeriggi sono stati dedicati alla presentazione dei temi di ricerca affrontati dai dottorandi partecipanti, ai quali è stato richiesto - in sessioni parallele opportunamente organizzate - di illustrare gli argomenti che verranno trattati nella propria tesi.
Per quanto concerne le lezioni plenarie, sono stati in particolare approfonditi i seguenti temi:
l'analisi economica delle industrie dei servizi di rete;
gli strumenti per incrementare l'efficienza nei servizi dell'Amministrazione Pubblica;
il ruolo degli e-services sulla produttività dei sistemi economici;
la stima econometrica dell'efficienza nei settori dei servizi;
il ruolo sempre più importante dei servizi quali fattori di produzione nelle industrie manifatturiere
Innovazione tecnologica e assicurazione R.C. auto : quale scenario per le polizze a consumo? Working Paper Cerap Università Bocconi n. 28
No full textThe evaluation of the economic impact of University Campuses energy initiatives: The UPC case study
No full textThe shift of the triangle: density and economic transformation in Northern Italy
No full textThe study analyzes the evolution of the economic-spatial organization of Northern Italy over the last fifteen years, with the purpose of highlighting its internal differences and the progressive shift of the macroregion economic center of gravity from the North-West towards the NorthEast. This objective, however, requires to reflect on which unit of investigation is relevant for the economic-spatial analysis at the regional scale. Assuming the hypothesis of multiscalarity, the North is first disarticulated starting from the minimum economically relevant scale – identified in the single local labor system – for then variously re-aggregating these units to recompose the areas of extension of the agglomerative processes. The interpretation adopted is that recalling the role of density, a measure that incorporates in a non-arbitrary way the results of a more or less efficient allocation of resources with heterogeneous quality. The empirical strategy described here develops in three distinct steps. The first reports – mainly for descriptive purposes – the values taken by some relevant variables that illustrate the endowment of factors and the economic dynamic in the Italian territories, with particular reference to the different aggregations of the geographical units that constitute the Northern macroregion. The second step then investigates the correlation between density and economic performance at the finer scale of the local labor system, to understand whether, and to what extent, it is reasonable to expect that the divergence in regional dynamics of the North can be explained by differentials in terms of density. The third empirical analysis, finally, focuses on the relationship between density and performance at a more aggregated level to investigate the multiple scales in which the advantages of agglomeration are expressed. The composite evidence collected suggests that some of the sources of the competitive advantage acquired by the North-East in the last twenty years operate at a wider reach than that of the local labor market since a greater elasticity of the performance variables with respect to density appears to be clustered into a spatial entity that takes the configuration of a new industrial triangle. The presence of territorial networks with a larger extension than the functional areas examined requires deepening their shape and connective mechanisms
Firm size distribution: Testing the independent submarkets model in the Italian motor insurance industry
No full textThis paper tests the presence of multiple independent submarkets in the Italian motor insurance industry. We find that independence effects are sufficient to induce a minimum degree of inequality in the size distribution of firms once submarkets are aggregated. These results are consistent with the predictions of Sutton [Sutton, J., 1998. Technology and market structure. MIT Press, Cambridge, MA.]. At the submarket level, some degree of inequality can be explained by a model of equilibrium price dispersion based on costly consumer search. Our findings show that Sutton's limiting approach and one based on a game theoretical analysis of an industry are good complements when the industry is made of several independent submarket
Strategic Price Discrimination in Compulsory Insurance Markets
No full textThis paper considers price discrimination when competing firms do not observe a customer’s type but only some other variable correlated to it. This is a typical situation in many insurance markets—such as motor insurance—where it is also often the case that insurance is compulsory. We characterise the equilibria and their welfare properties under various price regimes. We show that discrimination based on immutable characteristics such as gender is a dominant strategy, either when firms offer policies at a fixed price or when they charge according to some consumption variable that is correlated to costs. In the latter case, gender discrimination can be an outcome of strategic interaction alone in situations where it would not be adopted by a monopolist. Strategic price discrimination may also increase cross subsidies between types, contrary to expectations. Copyright The Geneva Association 2005price discrimination, insurance classification, equity, variable insurance charges,
How to react to a shock? Effects of Airbnb hosts’ choices and market segmentation at the time of Covid-19
Full text linkWe investigate the way service providers who operate on an online peer-to-peer (P2P) platform readapted their marketing choices to face the Covid-19 pandemic. Through an empirical investigation on a large dataset of Airbnb properties in Rome, observed from January 2018 to December 2020, we provide a threefold contribution by investigating how Airbnb hosts reacted to the Covid-19 pandemic shock, in terms of marketing choices, such as price adjustments and flexible cancellation policies; the direct effects of these choices on their economic returns; and how service providers on Airbnb reacted to address the new needs of their customers during the Covid-19 pandemic. The findings provide useful insights for researchers and practitioners and show that the adoption of combined marketing choices led to more than proportional effects on performances as it allowed Airbnb hosts to exploit profitable market segmentation mechanisms
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