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Self-insurance by small scale cogenerators against the ratchet demand effect

Authors:

L. Jackson Turvaville,

Margaret Hong ChenAuthors Info & Claims

WSC '87: Proceedings of the 19th conference on Winter simulation

Pages 900 - 903

https://doi.org/10.1145/318371.318713

Published: 01 December 1987 Publication History

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Abstract

This paper develops a simulation model useful for investigating the dollar pool requirements of 20 companies who want to protect themselves from a series of large expenditures that will eventually occur. The time is uncertain. The contribution to a pool by the 20 companies is similar to an insurance arrangement. It permits a regular contribution instead of a catastrophic amount occasionally. The simulation provides dollar requirements of the pool. This paper does not extend these requirements to a determination of the monthly contributions that each pool participant should make.

Reference

[1]

Baltes, R.T., (1987). Could Cogeneration be in Your Future?. Energy Management IE News XXII, No. 1, i-3.

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Index Terms

Self-insurance by small scale cogenerators against the ratchet demand effect
1. Applied computing
  1. Enterprise computing
    1. Business process management
2. Computing methodologies
  1. Modeling and simulation
    1. Model development and analysis
    2. Simulation evaluation

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Information

Published In

WSC '87: Proceedings of the 19th conference on Winter simulation

December 1987

963 pages

ISBN:0911801324

DOI:10.1145/318371

Editors:
Arne Thesen
Univ. of Wisconsin-Madison
,
Hank Grant
FACTROL, Inc.
,
W. David Kelton
Univ. of Minnesota

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 01 December 1987

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A Large-Scale Optimization Model for Replicating Portfolios in the Life Insurance Industry

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Analysis of the Comovement Between China Insurance Market and Global Insurance Market