Studies from Beijing Technology and Business University Provide New Data on Managerial and Decision Economics (A Multiagent Collaborative Development Strategy for Environmental Pollution Liability Insurance Based On an Evolutionary Game): Economics – Managerial and Decision Economics

2024 MAR 26 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators discuss new findings in Economics - Managerial and Decision Economics. According to news originating from Beijing, People’s Republic of China, by NewsRx correspondents, research stated, “To improve the problem of environmental pollution liability insurance, this paper constructs an evolutionary game model based on the government, insurance companies, and polluting enterprises.”

Financial supporters for this research include Research Project on Education and Teaching Reform of Beijing Technology and Business University 2023, Research Project on Education and Teaching Reform of Beijing Technology and Business University.

Our news journalists obtained a quote from the research from Beijing Technology and Business University, “The findings indicate that in an imperfect market, penalty and subsidy mechanisms boost insurance rates. Reinsurance facilitates insurer underwriting, prompting gradual government withdrawal.”

According to the news editors, the research concluded: “Effective pricing mechanisms by insurance companies enhance environmental liability insurance operations amid evolving market mechanisms, offering theoretical guidance for addressing challenges in implementing such insurance.”

This research has been peer-reviewed.

For more information on this research see: A Multiagent Collaborative Development Strategy for Environmental Pollution Liability Insurance Based On an Evolutionary Game. Managerial and Decision Economics, 2024. Managerial and Decision Economics can be contacted at: John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester PO19 8SQ, W Sussex, England. (Wiley-Blackwell - http://www.wiley.com/; Managerial and Decision Economics - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1468)

The news correspondents report that additional information may be obtained from Ruyan Cheng, Beijing Technology and Business University, School of Economics, Beijing, People’s Republic of China.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/mde.4146. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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