The Impact of Risk and the Potential for Loss on Managers’ Demand for Audit Quality

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This study analyzes insurance claim processing delays due to limited capacity and backlogs. It proposes optimal capacity selection to...

The lack of risk transfer stems from structural forces that deter innovation in insurance policies, leading to inefficient risk...

The paper explores Pareto optimality in decentralized peer-to-peer risk-sharing markets using robust distortion risk measures. It...