CONCURRENT SESSIONS II + III + IV

 

TUESDAY, AUGUST 4th – CONCURRENT SESSIONS II

A Risk Preferences Moderator:
Richard Peter, LMU Munich
Room A014
8.30 – 9.00 am Measuring Chinese Risk Aversion
• Li Diao, Central University of Finance and Economics Shanghai
• Jingzhen Liu, University of Finance and Economics Shanghai
Discussant: Michael Powers, Tsinghua University
9.00 – 9.30 am Efficient Diversification under Generalized Almost Stochastic Dominance
• Yu-Chin Hsu, Acadmia Senica
• Rachel Huang, National Central University
• Larry Tzeng, National Taiwan University
• Christine Wang, National University of Singapore
Discussant: tba
9.30 -10.00 am Consumption Smoothing and Precautionary Saving under Recursive Preferences
• AJ Bostian, University of Tampere
• Christoph Heinzel, INRA
Discussant: Nicolas Treich, Toulouse School of Economics
B Guarantees in Life Insurance Moderator: Carole Bernard,
Grenoble École de Management
Room A015
8.30 – 9.00 am Innovative Equity-Linked Life Insurance Based on Traditional Products: The Case of Select-Products
• Maria Alexandrova, Friedrich-Alexander-University of Erlangen-Nürnberg
• Alexander Bohnert, Friedrich-Alexander-University of Erlangen-Nürnberg
• Nadine Gatzert, Friedrich-Alexander-University of Erlangen-Nürnberg
• Jochen Russ, University of Ulm
Discussant: Cameron Ellis, University of Georgia
9.00 – 9.30 am Escaping the Guarantee Trap
• Christian Kubitza, Goethe University Frankfurt
• Tobias Niedrig, Goethe University Frankfurt
Discussant: Christian Eckert, Friedrich-Alexander-University of Erlangen-Nürnberg
9.30 -10.00 am Dynamic Prospect Theory and the Demand for Cliquet-Style Guarantees
• Jochen Russ, University of Ulm
• Stefan Schelling, University of Ulm
Discussant: Sebastian Ebert, Tilburg University
C Regulation and Incentives Moderator: Martin Eling,
University of St. Gallen
Room A016
8.30 – 9.00 am Risk-shifting and Optimal Asset Allocation in Life Insurance: The Impact of Regulation
• An Chen, University of Ulm
• Peter Hieber, University of Ulm
Discussant: Janina Mühlnickel, TU Dortmund University
9.00 – 9.30 am The Liability Regime of Insurance Pools and Its Impact on Pricing
• Lukas Reichel, University of St. Gallen
• Hato Schmeiser, University of St. Gallen
• Caroline Siegel, University of St. Gallen
Discussant: Peter Hieber, University of Ulm
9.30 -10.00 am Optimal Taxation of Insurance Companies with Value-Maximizing Capital Levels and Insurance Premiums
• Sebastian Schlütter, University of Applied Sciences Mainz
Discussant: Liqun Liu, Texas A&M University
D Public vs. Private Insurance Moderator: Patricia Born,
Florida State University
Room A017
8.30 – 9.00 am Crowd-Out or Complement: Public and Private Health Insurance in Health Expenditure Financing — An Analysis with 2003-2012 China’s Urban Provincial Panel Data
• Jihong Ding, Nankai University
• XiaoChen Shi, Nankai University
• Minglai Zhu, Nankai University
Discussant: Shang Wu, University of New South Wales
9.00 – 9.30 am The Effect of Health Capital on Income Equality in OECD Countries – Implication for National Health Insurance and Private Health Insurance
• Hong-joo Jung, Sungkyunkwan University
• Do-yeon Kim, Sungkyunkwan University
• Sang-wook Nam, Seowon University
Discussant: Minglai Zhu, Nankai University
9.30 – 10.00 am Division of Roles between Private and Public Retirement Insurance Plan for an Aging Global Society
• Yoshihiko Suzawa, Kyoto Sangyo University
Discussant: Seungryul Ma, Government Employees Pension Service
E Systemically Important Insurers Moderator:Andreas Milidonis,
Nanyang Technological University
Room A021
8.30 – 9.00 am The Assessment and Supervision of China’s Systemically Important Insurers
• Da Wang, Central University of Finance and Economics Shanghai
Discussant: Fang Su, Shanghai University of Finance and Economics
9.00 – 9.30 am The Value and Price of a „Too-Big-To-Fail“ Guarantee: Evidence from the Insurance Industry
• Paolo Zanghieri, University of Bologna
Discussant: Stephen Fier, University of Mississippi
9.30 – 10.00 am Comparison of Competitiveness of Global Systemically Important Insurers and Suggestion to Internationalization of China’s Insurers
• Hang Zhao, Central University of Finance and Economics Shanghai
• Qihui Zou, Central University of Finance and Economics Shanghai
Discussant: Ying Zhang, Southeast University
F Reinsurance Moderator: Randy Dumm,
Florida State University
Room A022
8.30 – 9.00 am On the Corporate Demand for Risk Management: Evidence from the Global Reinsurance Market
• Muhammed Altuntas, University of Cologne
• James R. Garven, Baylor University
• Jannes Rauch, University of Cologne
Discussant: Noriyoshi Yanase, Tokyo Keizai University
9.00 – 9.30 am Complementary versus Substitution Hypothesis: Evidence from the Use of Risk Management Instruments by United Kingdom Life Insurers
• Ching-Yuan Hsiao, National Chengchi University
• Yung-Ming Shiu, National Chengchi University
Discussant: Anja Erlbeck, University of Cologne
9.30 -10.00 am The Sensitivity of Reinsurance Demand to Counterparty Risks: Evidence from US Property-Liability Insurance Industry
• Sojung Park, Soeul National University
• Pinghai Rui, Soeul National University
• Xiaoying Xie, California State University Fullerton
Discussant: Vincent Chang, Chaoyang University of Technology
G Reverse Mortgages Moderator: Richard Watt,
University of Canterbury
Room E004
8.30 – 9.00 am Reverse Mortgages and Retirement Income: Empirical Analyses of Different Age Cohorts in Taiwan
• Linus F.-S. Chan, Soochow University
• Wen-Pin Liu, Soochow University
Discussant: Maria Rubio-Misas, Universidad de Malaga
9.00 – 9.30 am Reverse Mortgage Pricing and Risk Analysis Allowing for Idiosyncratic House Price Risk and Longevity Risk
• Katja Hanewald, University of New South Wales
• Adam Wenqiang Shao, University of New South Wales
• Michael Sherris, University of New South Wales
Discussant: Thomas Berry-Stölzle, University of Iowa
9.30 -10.00 am Crossover Risks and Their Interconnectedness in the Korean Reverse Mortgage Program – Evidence from VAR and VARX Analysis
• Gyu Dong Kim, Temple University
Discussant: Till Förstemann, Deutsche Bundesbank
H Asymmetric Information Moderator: Keith Crocker,
Pennsylvania State University
Room E006
8.30 – 9.00 am Insurance Fraud in a Rothschild-Stiglitz World
• Martin Boyer, HEC Montréal
Discussant: Faith Neale, University of North Carolina at Charlotte
9.00 – 9.30 am Information Production in the Market for Private Placements
• Andre Liebenberg, University of Mississippi
• Andy Puckett, University of Tennessee
• Ethan Watson, University of North Carolina Wilmington
Discussant: Omid Ghavibazoo, ECO College of Insurance, Allame Tabatabai University
9.30 -10.00 am Collusion in Vertical Relationships: The Case of Insurance Fraud in Taiwan
• Pierre Picard, École Polytechnique
• Kili C. Wang, Tamkang University
Discussant: Greg Niehaus, University of South Carolina
I Agricultural Risk Moderator: Yehuda Kahane,
Tel Aviv University
Room A119
8.30 – 9.00 am Multi-Site Bundling of Drought Tolerant Maize Varieties and Index Insurance for Scalability and Sustainability of Crop Insurance Programs
• Sebastain Awondo, University of Georgia
• Genti Kostandini, University of Georgia
• Olaf Erenstein, University of Georgia
Discussant: Sankarshan Basu, Indian Institute of Management Bangalore
9.00 – 9.30 am Labor Time Allocation of Farm Households: The Case of Volatile Food Prices
• Julian Hochscherf, University of Hohenheim
Discussant: Hwei-Lin Chuang, National Tsing Hua University
J Loss Reserves Moderator: J. François Outreville,
Bureau du BIEF
Room A125
8.30 – 9.00 am Financial Constraints and Risk Management: Evidence from the US P&C Insurance Market
• Davide Benedetti, Imperial College London
• Enrico Biffis, Imperial College London
Discussant: Hua Chen, Temple University
9.00 – 9.30 am Financial Strength Ratings and Loss Reserve Volatility
• James Carson, University of Georgia
• Evan Eastman, University of Georgia
• David Eckles, University of Georgia
Discussant: Lorilee Medders, Florida State University
9.30 – 10.00 am Target Financial Strength Ratings and Insurer Loss Reserve Errors
• Evan Eastman, University of Georgia
• David Eckles, University of Georgia
• Martin Halek, University of Wisconsin-Madison
Discussant: Helmut Gründl, Goethe University Frankfurt

 

TUESDAY, AUGUST 4th – CONCURRENT SESSIONS III

A Ambiguity Moderator: Alexander Mürmann, Vienna University of Economics and Business Room A014
1.15 – 1.45 pm Contract Nonperformance and Ambiguity in Insurance Markets: Evidence From a Field Lab
• Christian Biener, University of St. Gallen
• Martin Eling, University of St. Gallen
• Andreas Landmann, University of Mannheim
• Maria Santana, University of Mannheim
Discussant: Mahito Okura, Doshisa Women’s College of Liberal Arts
1.45 – 2.15 pm Uncertainty, Ambiguity and Conflict: An Experimental Investigation of Consumer Behavior and Demand for Insurance
• Jean Desrochers, Sherbrooke University
• J. François Outreville, Bureau du BIEF
Discussant: Ruo Jia, University of St. Gallen
2.15 – 2.45 pm The Effect of Information on Willingness to Pay for High-Load Insurance
• Marc Ragin, Temple University
Discussant: Andre Liebenberg, University of Mississippi
B Risk Modeling Moderator: Jochen Russ,
University of Ulm
Room A015
1.15 – 1.45 pm Improving Nelson-Siegel Term Structure Model under Zero / Super-Low Interest Rate Policy
• Koji Inui, Meiji University
Discussant: Yawen Hwang, Feng Chia University
1.45 – 2.15 pm Variance Premium, U-shaped Pricing Kernel and Option Valuation
• Jeffrey Tsai, National Tsing Hua University
Discussant: Wenjuan Bai, Central University of Finance and Economics
C Risk Taking of Insurers Moderator: Sojung Park,
Seoul National University
Room A016
1.15 – 1.45 pm Local Religious Beliefs and Insurance Companies’ Risk-Taking Behaviors
• Thomas Berry-Stölzle, University of Iowa
• Jianren Xu, California State University
Discussant: Martin Halek, University of Wisconsin-Madison
1.45 – 2.15 pm CEO Confidence or Overconfidence? The Impact of CEO Overconfidence on Risk Taking and Firm Performance in the U.S. Property-Liability Insurance Companies
• Sangyong Han, Washington State University
• Gene Lai, Washington State University
• Chia-Ling Ho, Tamkang University
Discussant: Mariko Nakabayashi, Meji University
2.15 – 2.45 pm Is Catering Rewarded?: Evidence from the Insurance Industry
• Yu-Luen Ma, Illinois State University
• Yayuan Ren, Illinois State University
Discussant: Jannes Rauch, University of Cologne
D Medical Malpractice Moderator: Roland Eisen,
Goethe University Frankfurt
Room A017
1.15 – 1.45 pm The Effect of Malpractice Liability Risk on Workers’ Compensation Insurance Losses
• Courtney Bass, Florida State University
• Patricia Born, Florida State University
• Brad Karl, East Carolina University
Discussant: Verena Jäger, LMU Munich
1.45 – 2.15 pm Do Medical Malpractice Insurance and Health Care Market Conditions Justify Tort Reform?
• Patricia Born, Florida State University
• James Karl, East Carolina University
Discussant: Weili Lu, California State University
2.15 – 2.45 pm „I Went to Medical School to Run an Insurance Company?“ Claims Practices of Doctor-owned and Operated Medical Malpractice Insurers
• J. Bradley Karl, East Carolina University
• Charles Nyce, Florida State University
• Jacqueline Volkman-Wise, Temple University
Discussant: Stephanie Meyr, LMU Munich
E Solvency Risk Moderator: Hato Schmeiser,
University of St. Gallen
Room A021
1.15 – 1.45 pm Product Pricing and Solvency Capital Requirements for Long-Term Care Insurance
• Fong Joelle H., SIM University
• Adam Wenqiang Shao, University of New South Wales
• Michael Sherris, University of New South Wales
Discussant: Peter Zweifel, University of Zurich
1.45 – 2.15 pm The Effects of Contingent Convertible (CoCo) Bonds on Insurers‘ Capital Requirements under Solvency II
• Helmut Gründl, Goethe University Frankfurt
• Tobias Niedrig, Goethe University Frankfurt
Discussant: Shinichi Kamiya, Nanyang Technological University
F Underwriting Moderator: Xiaoying Xie,
California State University
Room A022
1.15 – 1.45 pm External Impacts on Insurance Price Determination: Evidence from China Insurance Market
• Jiang Shijie, Wuhan University
• Guochen Pan, Wuhan University
• Ling Tian, Wuhan University
Discussant: Chu-Shiu Li, National Kaohsiung First University of Science and Technology
1.45 – 2.15 pm International Analysis of Underwriting Cycles
• Piotr Manikowski, Poznań University of Economics
Discussant: Richard Butler, Brigham Young University
2.15 – 2.45 pm Insurers’ Underwriting Result and Investment Risk-Taking Behavior — Evidence from U.S. Property and Casualty Insurance Industry
• Shuang Yang, Temple University
Discussant: Kathleen McCullough, Florida State University
G Alternative Risk Transfer Moderator: Jack S.K. Chang,
California State University
Room E004
1.15 – 1.45 pm The Cross-Section of Asia-Pacific Mortality Dynamics: Implications for Longevity Risk Sharing
• Enrico Biffis, Imperial College London
• Yijia Lin, University of Nebraska-Lincoln
• Andreas Milidonis, Nanyang Technological University
Discussant: Thorsten Moenig, University of St. Thomas
1.45 – 2.15 pm Hedging Longevity Risk in Life Settlements Using Biomedical Research-Backed Obligations
• Richard MacMinn, Illinois State University
• Nan Zhu, Illinois State University
Discussant: Barbara Kaschützke, Goethe University Frankfurt
2.15 – 2.45 pm An Empirical Study of Ping An Insurance’s Listing in G-SIIs – Based on the ISWCM Model and CoVaR Model
• Wenchao Wang, Central University of Finance and Economics
Discussant: Ana María Reyna, Instituto Tecnológico y de Estudios Superiores de Monterrey
H Asymmetric Information Moderator: Martin Boyer,
HEC Montréal
Room E006
1.15 – 1.45 pm Competitive Insurance Markets under Asymmetric Information when Agents make Mistakes
• Mark Browne, St. John’s University
• Richard Peter, LMU Munich
• Andreas Richter, LMU Munich
Discussant: Rachel Huang, National Central University
1.45 – 2.15 pm Insider Trading and Enterprise Risk Management
• James Carson, University of Georgia
• Peihan Chen, University of Georgia
• David Eckles, University of Georgia
• Robert Hoyt, University of Georgia
Discussant: Siwei Gao, Eastern Kentucky University
2.15 – 2.45 pm D&O Insurance and SEO Performance: Does Managerial Opportunism Always Hold?
• Rachel Huang, National Central University
• Vivian Jeng, National Chengchi University
Discussant: Enya He, University of North Texas
I Sales and Distribution Moderator: Montserrat Guillén,
University of Barcelona
Room A119
1.15 – 1.45 pm Why Use Agents? Consumer Reference Manipulation in Life Insurance Markets
• Jing Ai, University of Hawaii at Manoa
• Wei Zhu, University of International Business and Economics, Beijing, China
Discussant: Randy Dumm, Florida State University
1.45 – 2.15 pm Multichannel Distribution, Customer Characteristics and Consumption in Non-Life Insurance: A Data-Driven Approach
• Stefan Mau, ETH Zurich
• Irena Pletikosa Cvijikj, ETH Zurich
• Joël Wagner, University of Lausanne
Discussant: Sabine Wende, University of Cologne
2.15 – 2.45 pm Identification of Customer Groups in the German Term Life Market: A Benefit Segmentation
• Florian Schreiber, University of St. Gallen
Discussant: Tatsuo Kurogi, Nagoya University of Commerce & Business
J Asset Pricing Moderator: Hua Chen,
Temple University
Room A125
1.15 – 1.45 pm A Consumption-Based Explanation of Aggregate Insurance Premiums: Is There Another Asset Pricing Puzzle?
• Alexander Braun, University of St. Gallen
• Daliana Luca, University of St. Gallen
• Hato Schmeiser, University of St. Gallen
Discussant: Larry Tzeng, National Taiwan University
1.45 – 2.15 pm An Equilibrium Asset Pricing Model under Ambiguity
• Yoichiro Fujii, Osaka Sangyo University
• Hideki Iwaki, Kyoto Sangyo University
• Yusuke Osaki, Osaka Sangyo University
Discussant: Doug Bujakowski, University of Wisconsin-Madison
2.15 – 2.45 pm An Equilibrium Model for the OTC Derivatives Market with a Collateral Agreement
• Kazuhiro Takino, Nagoya University of Commerce & Business
Discussant: Chenghui Han, Central University of Finance and Economics

 

TUESDAY, AUGUST 4th – CONCURRENT SESSIONS IV

A Risk Preferences Moderator: Paul Thistle,
University of Nevada, Las Vegas
Room A014
3.15 – 3.45 pm Measuring Multivariate Risk Preferences
• Sebastian Ebert, Tilburg University
• Gijs van de Kuilen, Tilburg University
Discussant: David Schindler, LMU Munich
3.45 – 4.15 pm Prudence, temperance (and other virtues): The dual story
• Louis Eeckhoudt, University of Lille
• Roger Laeven, University of Amsterdam
• Harris Schlesinger, University of Alabama
Discussant: Lisa Posey, Pennsylvania State University
4.15 – 4.45 pm Managerial Motivation and Higher-Order Risk
• Eugene Huang, National Taiwan University
• Rachel Huang, National Central University
• Larry Tzeng, National Taiwan University
Discussant: Willie Reddic, DePaul University
4.45 – 5.15 pm An Analysis of Insurance in the Newsboy Problem
• Vázquez Francisco, Universidad Autónoma de Madrid
• Richard Watt, University of Canterbury
Discussant: Pierre Picard, École Polytechnique
B Participating Life Insurance Moderator: Enya He,
University of North Texas
Room A015
3.15 – 3.45 pm Dynamic Optimized Asset and Liability Management for Participating Life Insurance Policies: The China Case
• Bingzheng Chen, Tsinghua University
• Ze Chen, Tsinghua University
• Yujia He, Tsinghua University
Discussant: Nan Zhu, Illinois State University
3.45 – 4.15 pm Unisex Pricing of German Participating Life Annuities – Boon or Bane for Customer and Insurance Company?
• Sandy Bruszas, Goethe University Frankfurt
• Barbara Kaschützke, Goethe University Frankfurt
• Raimond Maurer, Goethe University Frankfurt
• Ivonne Siegelin, Goethe University Frankfurt
Discussant: Xiao (Joyce) Lin, University of Connecticut
4.15 – 4.45 pm Participating Life Insurance Products with Alternative Guarantees: Reconciling Policyholders’ and Insurers’ Interests
• Andreas Reuß, Institut für Finanz- und Aktuarwissenschaften
• Jochen Ruß, Institut für Finanz- und Aktuarwissenschaften and University of Ulm
• Jochen Wieland, University of Ulm
Discussant: Carolina Orozco Garcia, University of St. Gallen
C Stock Insurers Moderator: Gene Lai,
Washington State University
Room A016
3.15 – 3.45 pm The Cross-Section of Expected Stock Returns in the Property/Liability Insurance Industry
• Semir Ben-Ammar, University of St. Gallen
• Martin Eling, University of St. Gallen
• Andreas Milidonis, Nanyang Technological University
Discussant: Robert Hoyt, University of Georgia
3.45 – 4.15 pm The Litigation Cost of Cross-listing in the United States
• Martin Boyer, HEC Montréal
Discussant: Brad Karl, East Carolina University
4.15 – 4.45 pm The Impact of Rating Agency’s Private Information and Disclosed Causes of Rating Downgrades on Insurer Stock Returns
• Leon Chen, Minnesota State University, Mankato
• Steven Pottier, University of Georgia
Discussant: Tyler Leverty, University of Wisconsin-Madison
D Health Insurance Demand Moderator: Christophe Courbage,
The Geneva Association
Room A017
3.15 – 3.45 pm Health Insurance Transitions Under the ACA: Evidence on Take-Up and Selection by Spring 2015
• Barcellos Silvia H., Center for Economic and Social Research, University of Southern California
• Sebastian Bauhoff, RAND Corporation
• Katherine G. Carman, RAND Corporation
• Maximiliane Hörl, LMU Munich
• Joachim K. Winter, LMU Munich
• Amelie C. Wuppermann, LMU Munich
Discussant: Chuck Nyce, Florida State University
3.45 – 4.15 pm The Impact of Product Ratings on Insurance Demand
• Michael Hanselmann, LMU Munich
• Johannes Jaspersen, LMU Munich
• Stephanie Meyr, LMU Munich
• Andreas Richter, LMU Munich
Discussant: Justin Sydnor, University of Wisconsin-Madison
4.15 – 4.45 pm Exit, Voice or Loyalty? An Investigation into the Effect of Mandated Portability of Front-Loaded Private Health Insurance Plans
• Martin Karlsson, University of Duisburg-Essen
• Jan Kleibrink, University of Duisburg-Essen
• Nicolas Ziebarth, Cornell University
Discussant: Roland Eisen, Goethe University Frankfurt
E Systemic Risk Moderator: Helmut Gründl,
Goethe University Frankfurt
Room A021
3.15 – 3.45 pm Fair Insurance Guarantee Premium in the Presence of Systemic Risk
• Shih-Chien Bill Chang, National Chengchi University
• Cathy W. Hsuan, National Chengchi University
Discussant: Paolo Zanghieri, University of Bologna
3.45 – 4.15 pm On the Exposure of Insurance Companies to Sovereign Risk – Portfolio Investments and Market Forces
• Robert Duell, Deutsche Bundesbank
• Felix Koenig, London School of Economics and Political Science
• Jana Ohls, Deutsche Bundesbank
Discussant: Sebastian Schlütter, University of Applied Sciences Mainz
4.15 – 4.45 pm Default Risk and Interconnectedness in the US Financial Sector: Is Financial Institutions’ Default Risk Systemic or Systematic?
• Jannes Rauch, University of Cologne
• Mary A. Weiss, Temple University
• Sabine Wende, University of Cologne
Discussant: Ghadir Mahdavi, Allame Tabatabai University
F Internal Capital Markets Moderator: Greg Niehaus,
University of South Carolina
Room A022
3.15 – 3.45 pm Loss Reserve Error Volatility and Internal Capital Markets
• James Carson, University of Georgia
• David Eckles, University of Georgia
• In Jung (Anna) Song, University of Georgia
Discussant: Marc Ragin, Temple University
3.45 – 4.15 pm Internal Capital Markets: Methods and Motives
• Stephen Fier , University of Mississippi
• Kathleen McCullough, Florida State University
Discussant: Stefan Schelling, University of Ulm
4.15 – 4.45 pm Does the Use of Internal Capital Markets Lead to Higher CEO Compensation?
• Ji Yun Lim, Temple University
Discussant: Jörg Schiller, University of Hohenheim
G Automobile Insurance Moderator: Soon-Jae Lee,
Sejong University
Room E004
3.15 – 3.45 pm The Externality of Driving Luxury Cars
• Han Sangeun, Seoul National University
• Sojung Park, Seoul National University
Discussant: Michael Sherris, University of New South Wales
3.45 – 4.15 pm Eco-friendly Green Drivers Indeed Drive Friendly
• Jerry S. Huang, Fubon Insurance Co., Ltd, Taiwan
• Kili C. Wang, Tamkang University
Discussant: Giovanni Millo, Assicurazioni Generali
4.15 – 4.45 pm Experience Rating Mechanisms in Auto Insurance: Implications for High Risk, Low Risk and Novice Drivers
• Isotupa Sapna, Wilfred Laurier University
• Mary Kelly, Wilfred Laurier University
• Anne Kleffner, University of Calgary
Discussant: Judith Schneider, University of Münster
4.45 – 5.15 pm Risk Classification and Claim Prediction: An Empirical Analysis from Vehicle Damage Insurance in Taiwan
• Chu-Shiu Li, National Kaohsiung First University of Science and Technology
• Chwen-Chi Liu, Feng Chia University
• Sheng-Chang Peng, Ming Chuan University
Discussant: Piotr Manikowski, Poznań University of Economics
H Corporate Risk Management Moderator: Thomas Berry-Stölzle,
University of Iowa
Room E006
3.15 – 3.45 pm Enterprise Risk Management Sophistication and Firm Risk
• James Barrese, St. John’s University
• Stephen Fier, University of Mississippi
• David Pooser, St. John’s University
• Paul Walker, St. John’s University
Discussant: Evan Eastman, University of Georgia
3.45 – 4.15 pm Leave Reinsurance (Assumption) to the Professionals
• Todd Griffith, University of Mississippi
• Andre Liebenberg, University of Mississippi
Discussant: Courtney Bass, Florida State University
4.15 – 4.45 pm An Empirical Study on the Effectiveness of Risk Management & Insurance (RMI) Education for University Students in Korea
• Cho Minyoung , Axa Direct Insurance
• Hongjoo Jung, Sungkyunkwan University
• Sangrim Lee, Mokpo National University
• Sangwook Nam, Seowon University
Discussant: Igor Kotlobovsky, Lomonosov Moscow State University
4.45 – 5.15 pm Market Reactions to Enterprise Risk Management Adoption
• Evan Eastman, University of Georgia
• Jianren Xu, California State University
Discussant: Sebastian Soika, LMU Munich
I Environmental Risk Moderator: Nicolas Treich,
Toulouse School of Economics
Room A119
3.15 – 3.45 pm Risk, Externalities, and Insurance
• Stefan Baumgaertner, University of Freiburg
• Emmanuel Senyo Fianu, Leuphana University of Lueneburg
Discussant: Wei Hu, ETH Zurich
3.45 – 4.15 pm Sharing of Climate Risks across World Regions
• Johannes Emmerling , Fondazione Eni Enrico Mattei
Discussant: Svenja Hector, ETH Zurich
4.15 – 4.45 pm Extending the Ramsey Equation further: Discounting under Mutually Utility Independent and Recursive Preferences
• Svenja Hector, ETH Zurich
Discussant: Christoph Heinzel, INRA
4.45 – 5.15 pm Environmental Incentives: Nudges or Tax?
• Benjamin Ouvrard , University of Strasbourg
• Sandrine Spaeter, University of Strasbourg
Discussant: François Pannequin, École Normale Supérieure de Cachan