Korting: nu van 42.4 euro, voor 31.80 euro.

BoekenBalie maakt van tweedehands jouw eerste keuze. Met een Trustscore van 4,8 (excellent) en 30 dagen retour garantie maken we dat iedere dag waar.

Bestel direct op onze website!

Titel: Curious Contracts
Auteur: T.P. Kocken
ISBN: 9789072194787
Conditie: Als nieuw

The process of an aging population, combined with accounting and regulatory developments, has at last revealed some - but surely not all - of the problems of a DB pension fund system. Originally intended as part of the terms of employment, it has now gradually changed into a 'betting game' between employers, retirees and actives without well-defined rules. Instead of a regular saving system, it has unintentionally changed into a game of musical chairs. There is growing awareness of these problems, especially at employer level. The result is that employers shy away from risk taking, although the approach differs fundamentally per country. Actives and retirees are sometimes saddled with unclear financial contracts between one another that entail huge amounts of possible wealth redistribution and risks.
This thesis applies techniques from risk management and option theory to reveal the wealth redistribution between the various parties and elucidates the risks these parties assume. In addition, some methodologies are suggested to contain these risks, by hedging and structurally redesigning the risk sharing pension fund concept.
Theo Kocken (1964) studied business administration (Eindhoven) and econometrics (Tilburg). He held several positions in investment banking, among others as head of market risk departments at ING and Rabobank International. In 2000, he founded Cardano Risk Management, which now supports many end users such as pension funds and insurance companies around Europe in incorporating the use of derivatives in their strategic risk management activities.

Waarom je bij BoekenBalie moet zijn voor al je tweedehands boeken:

• Bestel je voor 15:00 uur? Dan vliegt het dezelfde dag nog jouw kant op!
• Meer dan 400.000 tweedehands boeken om uit te kiezen
• We checken alle boeken eigenhandig
• Vanaf 40 euro of bij 4 boeken is de verzending op onze rekening
• 30 dagen retourgarantie