rEGRIE 2009 - Programme

 

 

 

 

EGRIE 2009 Programme

 

Sunday, 20 September

Time

     

18:30 – 20:00

Welcome cocktail at Wesselstuen (Map). 

       

Monday, 21 September

Time Authors/Presenter * Discussant Title

08:15 – 9:00

Registration - Coffee 

   

09:00 – 9:30
Karl Borch's Aud.

Welcome speech 

   

09:30 – 11:00

Geneva Risk Economics Lecture -- Richard Watt

Karl Borch's Aud.

 

Agnar Sandmo

Arthur Snow

Uncertainty in the Theory of Public Finance

11:00 – 11:30

Coffee Break 

   

11:30 – 13:00

Concurrent Sessions I 

Karl Borch's Aud.

Asymmetric Information -- Andreas Richter

 

Pierre Picard

Achim Wambach

Participating Insurance Contracts and the Rothschild-Stiglitz Equilibrium Puzzle

 

Wanda Mimra
Achim Wambach

Andreas Richter

Cross-subsidizing and Profit-making Equilibria in a Competitive Insurance Market with Asymmetric Information

Aud. E 

Demand for Insurance: Empirical Studies -- James K. Hammitt

 

Chu-Shiu Li
Chwen-Chi Liu
Sheng-Chang Peng
Chen-Sheng Yang

James K. Hammitt

Substitutes or Complements? The Interaction between Automobile Vehicle Damage Insurance and Voluntary Liability Insurance

 

Tian Zhou-Richter
Mark Browne
Helmut Gründl

Geoffroy Enjolras

Are They Aware? Do They Care? Risk Perception and the Demand for Long Term Care Insurance

13:00 – 14:30

Lunch 

   

14:30 – 16:00

Concurrent Sessions II 

Karl Borch's Aud.

Higher-Order Risks -- Fred Schroyen

 

Donald C. Keenan
Arthur Snow

Keith J. Crocker

Ross Risk Vulnerability for Introductions and Changes in Background Risk

 

Paan Jindapon

W. Henry Chiu

Higher-Order Probability Premiums

Aud. E 

Mortality Risks -- Helmut Gründl

 

James K. Hammitt
Kevin Haninger

Katja Hanewald

Valuing Fatal-Disease and Injury Risks to Children and Adults: Effects of Disease Type, Latency, and Risk Aversion

 

Rachel J. Huang
Jerry C.Y. Miao
Larry Tzeng

Chwen-Chi Liu

Does Mortality Improvement Increase Risk Premiums? A Risk Perception Perspective

16:00 – 16:30

Coffee Break 

   

16:30 – 18:00

Concurrent Sessions III

Karl Borch's Aud.

Risk Aversion with Flexibility vs. Constraints -- Wanda Mimra

 

Christian Gollier

Alexander Mürmann

Does Flexibility Enhance Risk Tolerance?

 

Fred Schroyen

Julien Hardelin

Income Risk Aversion with Quantity Constraints

Aud. E 

Macroeconomic and Background Risks -- Christian Thomann

 

Katja Hanewald
Thomas Post
Helmut Gründl

Christian Thomann

Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency

 

Richard C. Stapleton
Marti G. Subrahmanyam
Qi Zeng

Helmut Grundl

Background Risk and Trading in a Full-Information Rational Expectations Economy

 

18:15

Dinner at Cornelius Restaurant (Map). Boat from NHH.

       

Tuesday, 22 September

Time Authors/Presenter * Discussant Title

08:45 – 09:00

Welcome

   

09:00 – 10:30

Concurrent Sessions IV  

Karl Borch's Aud.

Risk Classification -- W. Henry Chiu

 

Renaud Bourlès

Nadine Gatzert

Moral Hazard in Dynamic Insurance, Classification Risk and Prepayment

 

Nadine Gatzert
Gudrun Hoermann
Hato Schmeiser

Johanna Etner

Optimal Risk Classification and Underwriting Risk for Substandard Annuities

Aud. E 

Demand for Insurance: Theoretical Studies -- Pierre Picard

 

Robert Kremslehner
Alexander Mürmann

Meglena Jeleva

State-Dependent Preferences and Insurance Demand

 

Sarolta Laczó

Oliver Schellenberger

Riskiness, Risk Aversion, and Risk Sharing: The Comparative Statics of Informal Insurance

10:30 – 11:00

Coffee Break 

   

11:00 – 13:00

Concurrent Sessions V

Karl Borch's Aud.

Incentives in Contracting, Marketing, and Investing -- Christian Laux

 

Dominique Demougin
Oliver Fabel
Christian Thomann

Christian Laux

Implicit vs. Explicit Incentives: Theory and a Case Study

 

Uwe Bloos
Oliver Schellenberger

Renaud Bourlès

An Incentive based View on the Distribution of Consumer Financial Products

 

Knut K. Aase

Laila Neuthor

The Investment Horizon Problem: A Resolution

Aud. E 

Diversification and Insurance -- Sarolta Laczó

 

Julien Hardelin
Sabine Lemoyne de Forges

Wanda Mimra

Raising Capital in an Insurance Oligopoly Market

 

Jeungbo Shim
Seung-Hwan Lee
Richard MacMinn

Richard C. Stapleton

Measuring Economic Capital: Value at Risk, Expected Tail Loss and Copula Approach

 

Geoffroy Enjolras
Robert Kast
Patrick Sentis

Sarolta Laczó

Aggregation in Area-Yield Crop Insurance: The Multi-Linear Additive Model

13:00 – 14:30

Lunch 

 

14:30 – 16:00

EGRIE General Assembly

 

17:30

Visit to the Edvard Grieg Museum Troldhaugen (Map). Bus from Thon Hotel Rosenkrantz (Map). Concert in Troldsalen concert hall. Dinner at the Brasserie Troldhaugen.

       

Wednesday, 23 September

Time Authors/Presenter * Discussant Title

08:45 – 09:00

Welcome

   

09:00 – 10:30

Concurrent Sessions VI 

Karl Borch's Aud.

Risk Premiums for Stochastic Improvements and for Multiple Risks -- Laila Neuthor

 

W. Henry Chiu

Paan Jindapon

Risk Aversion, Downside Risk Aversion, and Paying for Stochastic Improvements

 

Christophe Courbage
Béatrice Rey

David Crainich

On the Shape of Non-monetary Measures in the Face of Risk

Aud. E 

Experimental Evidence on Insurance Demand and Fraud -- J. François Outreville

 

Maros Servatka
Steven Tucker
Richard Watt

Tian Zhou-Richter

How Does an Increase in Risk Affect Insurance Demand? Experimental Evidence

 

Frauke Lammers
Joerg Schiller

J. François Outreville

Behavioral Aspects of Insurance Fraud: Experimental Evidence

10:30 – 11:00

Coffee Break

   

11:00 – 12:30

Concurrent Sessions VII  

Karl Borch's Aud.

Demand for Prevention -- Christophe Courbage

 

David Crainich

Pierre Picard

Genetic Insurance and the Demand for Prevention

 

Johanna Etner
Sandrine Spaeter

Rachel J. Huang

Health Prevention, Background Risk and Ambiguity

Aud. E 

Intermediation in Insurance Markets -- Joerg Schiller

 

Uwe Focht
Andreas Richter
Jörg Schiller

Knut K. Aase

Intermediation and Matching in Insurance Markets

 

Laila Neuthor

Joerg Schiller

Collusion in Reinsurance Relationships with Broker Intermediation

12:30 – 14:00

Farewell Lunch 

   

14:00

End of the conference 

   

* - Presenter in bold

Conference Sponsors:

The Geneva Association

The Finance Market Fund