THE ANALYSIS OF THE COMPREHENSIVE INSURANCE DEMAND FOR TURKEY USING UTILITY THEORY AND SYSTEM SIMULATION

Murat KIRKAĞAÇ; Övgücan KARADAĞ ERDEMİR; Yasemin GENÇTÜRK

doi:https://doi.org/10.18038/aubtda.300425

Makale detayları

THE ANALYSIS OF THE COMPREHENSIVE INSURANCE DEMAND FOR TURKEY USING UTILITY THEORY AND SYSTEM SIMULATION

Yazarlar:

Murat KIRKAĞAÇ | Övgücan KARADAĞ ERDEMİR | Yasemin GENÇTÜRK

Yayıncı:

Eskisehir Technical University

Ana Başlıklar:

Uygulamalı fizik

Dergi:

Anadolu University Journal of Science and Technology A - Applied Sciences and Engineering 2017 Vol.18 Issue 1, pp.115-121

Belge Tipi:

Makale

Yayın Tarihi:

3/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000417179

pISSN:

2667-4211

DOI:

https://doi.org/10.18038/aubtda.300425

Özet:

 


In this study, the demand for comprehensive insurance is analysed using utility theory and system simulation. A simulation study is performed to assess the behaviour of individuals with different income levels for the demand of comprehensive insurance. Simulation assumptions and input-output variables are determined using the real data set from a Turkish insurance company and the report about the insurance activities in Turkey for year 2014. The effects of income level, expected claim severity and premium level on the demand for insurance are investigated. It is concluded that while an increase in income level and expected claim severity causes an increase in the demand, an increase in premium level causes a decrease in the demand.

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Makale detayları

THE ANALYSIS OF THE COMPREHENSIVE INSURANCE DEMAND FOR TURKEY USING UTILITY THEORY AND SYSTEM SIMULATION

Yazarlar: Murat KIRKAĞAÇ | Övgücan KARADAĞ ERDEMİR | Yasemin GENÇTÜRK

Yayıncı: Eskisehir Technical University

Ana Başlıklar: Uygulamalı fizik

Dergi: Anadolu University Journal of Science and Technology A - Applied Sciences and Engineering 2017 Vol.18 Issue 1, pp.115-121

Belge Tipi: Makale

Yayın Tarihi: 3/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000417179

pISSN: 2667-4211

DOI: https://doi.org/10.18038/aubtda.300425

Sayı

Yazarlar:

Murat KIRKAĞAÇ | Övgücan KARADAĞ ERDEMİR | Yasemin GENÇTÜRK

Yayıncı:

Eskisehir Technical University

Ana Başlıklar:

Uygulamalı fizik

Dergi:

Anadolu University Journal of Science and Technology A - Applied Sciences and Engineering 2017 Vol.18 Issue 1, pp.115-121

Belge Tipi:

Makale

Yayın Tarihi:

3/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000417179

pISSN:

2667-4211

DOI:

https://doi.org/10.18038/aubtda.300425