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Insurance Intermediation: An Economic Analysis of the Information Services Market

Martina Eckardt

Resumen/Descripción – provisto por la editorial

No disponible.

Palabras clave – provistas por la editorial

Industrial Organization; Macroeconomics/Monetary Economics//Financial Economics; Social Policy

Disponibilidad
Institución detectada Año de publicación Navegá Descargá Solicitá
No detectada 2007 SpringerLink

Información

Tipo de recurso:

libros

ISBN impreso

978-3-7908-1939-7

ISBN electrónico

978-3-7908-1940-3

Editor responsable

Springer Nature

País de edición

Reino Unido

Fecha de publicación

Información sobre derechos de publicación

© Physica-Verlag Heidelberg 2007

Cobertura temática

Tabla de contenidos

Intermediaries in the Insurance Market

Martina Eckardt

We present a streamlined account of recent developments in the stability theory for planar viscous shock waves, with an emphasis on applications to physical models with “real,” or partial viscosity. The main result is the establishment of necessary, or “weak”, and sufficient, or “strong”, conditions for nonlinear stability analogous to those established by Majda [M.1, M.2, M.3] in the inviscid case but (generically) separated by a codimension-one set in parameter space rather than an open set as in the inviscid case. The importance of codimension one is that transition between nonlinear stability and instability is thereby determined, lying on the boundary set between the open regions of strong stability and strong instability (the latter defined as failure of weak stability). Strong stability holds always for small-amplitude shocks of classical “Lax” type [PZ, FreS]; for large-amplitude shocks, however, strong instability may occur [ZS, Z.3].

Pp. 1-21

An Economic Explanation of Insurance Intermediation

Martina Eckardt

We present a streamlined account of recent developments in the stability theory for planar viscous shock waves, with an emphasis on applications to physical models with “real,” or partial viscosity. The main result is the establishment of necessary, or “weak”, and sufficient, or “strong”, conditions for nonlinear stability analogous to those established by Majda [M.1, M.2, M.3] in the inviscid case but (generically) separated by a codimension-one set in parameter space rather than an open set as in the inviscid case. The importance of codimension one is that transition between nonlinear stability and instability is thereby determined, lying on the boundary set between the open regions of strong stability and strong instability (the latter defined as failure of weak stability). Strong stability holds always for small-amplitude shocks of classical “Lax” type [PZ, FreS]; for large-amplitude shocks, however, strong instability may occur [ZS, Z.3].

Pp. 23-96

Competition between Insurance Intermediaries

Martina Eckardt

We present a streamlined account of recent developments in the stability theory for planar viscous shock waves, with an emphasis on applications to physical models with “real,” or partial viscosity. The main result is the establishment of necessary, or “weak”, and sufficient, or “strong”, conditions for nonlinear stability analogous to those established by Majda [M.1, M.2, M.3] in the inviscid case but (generically) separated by a codimension-one set in parameter space rather than an open set as in the inviscid case. The importance of codimension one is that transition between nonlinear stability and instability is thereby determined, lying on the boundary set between the open regions of strong stability and strong instability (the latter defined as failure of weak stability). Strong stability holds always for small-amplitude shocks of classical “Lax” type [PZ, FreS]; for large-amplitude shocks, however, strong instability may occur [ZS, Z.3].

Pp. 97-150

The Market for Insurance Intermediation in Germany

Martina Eckardt

We present a streamlined account of recent developments in the stability theory for planar viscous shock waves, with an emphasis on applications to physical models with “real,” or partial viscosity. The main result is the establishment of necessary, or “weak”, and sufficient, or “strong”, conditions for nonlinear stability analogous to those established by Majda [M.1, M.2, M.3] in the inviscid case but (generically) separated by a codimension-one set in parameter space rather than an open set as in the inviscid case. The importance of codimension one is that transition between nonlinear stability and instability is thereby determined, lying on the boundary set between the open regions of strong stability and strong instability (the latter defined as failure of weak stability). Strong stability holds always for small-amplitude shocks of classical “Lax” type [PZ, FreS]; for large-amplitude shocks, however, strong instability may occur [ZS, Z.3].

Pp. 151-213

Conclusions

Martina Eckardt

We present a streamlined account of recent developments in the stability theory for planar viscous shock waves, with an emphasis on applications to physical models with “real,” or partial viscosity. The main result is the establishment of necessary, or “weak”, and sufficient, or “strong”, conditions for nonlinear stability analogous to those established by Majda [M.1, M.2, M.3] in the inviscid case but (generically) separated by a codimension-one set in parameter space rather than an open set as in the inviscid case. The importance of codimension one is that transition between nonlinear stability and instability is thereby determined, lying on the boundary set between the open regions of strong stability and strong instability (the latter defined as failure of weak stability). Strong stability holds always for small-amplitude shocks of classical “Lax” type [PZ, FreS]; for large-amplitude shocks, however, strong instability may occur [ZS, Z.3].

Pp. 215-217