Sentence examples for pooling contracts from inspiring English sources

The threshold ensures that the indifference curve of the low-risks at (L^{RS}) does not cross the zero isoprofit line of the fair pooling contracts, which we denote by (pi ^{P}(Pi =0)), where (Pi ) represents the total profits obtained by an insurer.

In that case the only CNE is the pooling contract (contract (P) in Fig. 8).

Take a single insurer attracting all individuals with (pooling) contract (left( widetilde{P},cright) ).

Parts (iv) and (v) If no insurer was offering (H) then (L) would become a pooling contract.

To ensure that no profitable pooling deviation exists we have depicted the zero isoprofit line associated to the zero profit pooling contract, which stems from point (A).

Notes: For a MCL at (c^ = c^{P}) there exist two equilibria: one is given by the separating pair of contracts ({H^, L}), the other by pooling contract ({L}).

For a MCL at (c^ = c' > c^{P}), the only equilibrium is given by pooling contract ({P}), since the only separating candidate ({H^, L'}) is not robust to a pooling deviation by Firm 1 in the interior of the segment (PL').

We show that if the fraction of efficient investors is either insignificant or productivity differences between efficient and inefficient investors are negligible, the government would offer a pooling contract and sell the same fraction of equity to both types of investors.

In this regard, notice that the parameter configuration in Fig. 9 ensures that the pair ((H^{1},L^{M})) –(H^{1}) is not depicted– is robust to pooling deviations (a monopolizing pooling contract must lie above the low risk indifference curve through any of the points in the (H -risk indifference curve, wH -riskplindifferencey are also above the zero-isoprofit line assocurved to such deviation).

The industry argues that this would be an intolerable violation of the sanctity of loan-pooling contracts.

The major electricity market models include: pools, bilateral contracts and hybrid models.