Could we rely on credit swap hedging as a substitute for insurer blockchain technology involvement?
學年 110
學期 2
出版（發表）日期 2022-07-01
作品名稱 Could we rely on credit swap hedging as a substitute for insurer blockchain technology involvement?
作品名稱（其他語言）
著者 Xuelian Li; Panpan Lin; Jyh-Horng Lin
單位
出版者
著錄名稱、卷期、頁數 International Review of Economics & Finance 80, p.266-281
摘要 Could we rely on credit swap hedging as a substitute for insurer blockchain technology involvement? This paper is to develop a two-stage contingent claim model to answer the question. We have three main results. First, blockchain helps the policyholder protection when blockchain involvement is relatively large-scale, helps the insurer’s survival probability when blockchain involvement is relatively small-scale, and also helps enable greater efficiency. Second, credit swap hedging adversely affects the policyholder protection, and leads to increase a higher likelihood of insurer survival. The life insurance company could regard credit swap hedging as a strategic substitute for blockchain involvement. Third, capital regulation makes the insurer more prone to blockchain involvement, thereby accelerating the transformation of the insurance system.
關鍵字 Credit swap hedging;Technology efficiency;Blockchain technology;Life insurance policy
語言 en
ISSN
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Jyh-Horng Lin
審稿制度 是
國別 GBR
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/122194 )

SDGS 消除貧窮,消除飢餓,良好健康和福祉,減少不平等,夥伴關係