| Autor: |
Alkhasawneh, Raed Ali, Farhan Mohamed, Ahmed Mohamed, Jaradat, Samir Abclulwahab, Torky, M. Sh., Alsmadi, Mutasem K |
| Předmět: |
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| Zdroj: |
International Journal of Electrical & Computer Engineering (2088-8708); Apr2021, Vol. 11 Issue 2, p1539-1548, 10p |
| Abstrakt: |
In this study the production functions (Cobb-Douglas, Zener-Rivanker, and the transcendental production fi.mction) have been used to assess the profitability of insurance companies, by reformulating these nonlinear functions based on the introduction of a set of variables that contribute to increase the explanato1y capacity of the model. Then the best production function con1111ensurate with the nature of the variable representing the profitability of insurance companies was chosen, to use it to assess the efficiency of their profitability versus the use of different factors of production and thus the possibility of using it in forecasting. It was found that the proposed model of the production function "Zener-Rivanker" is the best production fi.mctions representing the profitability of the Tawl.miya and Bupa Insurance Companies. The proposed model of the Cobb-Douglas production function is suitable for the results of both Enaya and Sanad Cooperative Insurance Companies. The explanato1y capacity of the production functions was also increased when the proposed variables were added (net subscribed premiums-net claims incu!1'e.d). [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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