Equilibrium in a Reinsurance Market with Short Sate Constraints
AbstractInformation Technologies (IT) induce many innovations in service industries. Innovations in IT highlight the peculiarities of innovation in service industries compared to manufactured-goods industries. Because innovations often affect competitiveness, service-providers attach a high importance to them and introduce them frequently during intense competition. The purpose of this article is to characterise innovations in these new IT service industries and to determine which innovations will ensure the succes of service-providers. We explain the applications of new Information Technologies and describe how they have affected service industries, either traditional or new service activities.
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Bibliographic InfoPaper provided by UniversitÃ© PanthÃ©on-Sorbonne (Paris 1) in its series Papiers d'Economie MathÃ©matique et Applications with number 2000.45.
Length: 27 pages
Date of creation: 2000
Date of revision:
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COMPETITION ; INSURANCE ; ECONOMIC EQUILIBRIUM;
Find related papers by JEL classification:
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
- G20 - Financial Economics - - Financial Institutions and Services - - - General
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- Jouini, Elyès, 2001. "Arbitrage and control problems in finance: A presentation," Economics Papers from University Paris Dauphine 123456789/5590, Paris Dauphine University.
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