Pandemics tend to have higher occurrence (morbidity) in younger individuals but mortality for the elderly. The rate of COVID-19 elderly has been discussed many reports. However, this pandemic is a double-edged sword as comment shows morbidity rates well. This shown by comparing age distribution cases China and South Korea relative populations. In every case, number contracting virus far than proportion population. unlike past pandemics that aging populations are at an even risk perceived...

The increasing adoption of the Linked Data principles brought with it an unprecedented dimension to Web, transforming traditional Web Documents a vibrant information ecosystem, also known as Data. This transformation, however, does not come without any pain points. Similar Documents, is heterogenous in terms various domains covers. diversity reflected its quality. quality impacts fitness for use data application at hand, and choosing right dataset often challenge consumers. In this...

This paper is available as Open-Access thanks to a donation from Pinnacle SportsThis study summarizes the key methods of displaying probabilities odds and provides simple mathematical derivation number statements in setting odds. Firstly it estimates expected bookmaker profit function wagers placed margin. Moreover shows that set by bookmakers should have implied add up at least one, otherwise arbitrage present. Bookmakers can increase profitability offering more multiples, also known...

Purpose. To evaluate the visual outcomes and effect of phacoemulsification surgery on progression neovascular age-related macular degeneration (AMD). Methods. Retrospective, noncomparative, interventional case series. Thirty eyes from 29 subjects with AMD treated intravitreal antivascular endothelial growth factor (VEGF) injections who underwent had a postsurgery follow-up 6 months were included. LogMAR best corrected acuity (BCVA) was assessed preoperatively; 1 month, 3 months,...

The insurance industry plays an important role for European economic stability and the threats opportunities it faces should be carefully determined. In this paper we highlight main challenges by using a Political, Economic, Social Technological (PEST) analysis. This work applies conventional actuarial thought on area focusing strictly sector.

The solvency of bookmakers has only recently been placed in the spotlight even if it is a multibillion dollar sector. It industry knowledge that attempt to 'balance book' by adjusting odds relation wagers made. This paper proves way profits are known with certainty and proportion probabilities implied odds.

The possibility to use hedging strategies is an often neglected aspect in the literature on prediction/betting markets, as most papers assume that bettors will bet according their beliefs about probability of outcome event, opposed direction which odds move. This ignores try buy low and sell high through exploiting price changes, important incorporate fully understand market pricing. In this paper, we derive key mathematical results using taking opposite positions initial after have changed...

Abstract Frederick, Levis, Malliaris & Meyer (2018) report a package of laboratory studies where participants underestimate the value “hedges”: Risky bets which cancel out risk another presently-held bet. However, it might be questioned to what extent findings predict field behavior. People better understand hedges when more money is at stake, or they have time reflect. We discuss three gamblers who, instead hedging, used costly “cash-out” option eliminate their on Leicester FC’s...

This paper investigates whether it is possible to profit from market inefficiencies on betting exchanges during short tournaments. We describe how a Monte Carlo simulation method, with an inbuilt noise parameter applied '1X2' markets, can be used determine odds for derivative markets. In cases of mismatch between model and odds, modified Kelly strategy proposed the percentage own funds placed against market. When this proposal UEFA European Nations association football tournament 2012, two...

Abstract Background Following the emergence of COVID-19 pandemic in Europe at start 2020, most countries had implemented various measures an attempt to control spread virus. This study analyses main non-pharmaceutical interventions and their impact on rate by which cumulative cases deaths were growing during first wave this pandemic. Methods The analysed are school closures, restrictions travel, cancellation events, gatherings, partial full lockdowns. Data was collected implementation date...

The insurance industry plays an important role for European economic stability and the threats opportunities it faces should be carefully determined. In this paper we highlight main challenges by using a PEST analysis. This work applies conventional actuarial thought on area focusing strictly sector.

We thank Prof. Jeremy Levesley, Mr. Jean Pierre Gauchi, and Chris Grima for their valuable comments.

This paper models the gradual elements of catastrophic events on non-life insurance capital with a particular focus impact pandemics, such as COVID-19. A combination actuarial and epidemiological are handled by Markovian probabilistic approach, Feynman’s path calculation Dirac notations, in order to observe how pandemic risk may affect an insurer via reduced business. We also examine effects can be taken into account both during at end process. Examples provided showing potential different...

This work compares existing and emerging risks of the banking iGaming industries. Moreover, whilst a solvency framework is established in industry, this study researches potential implementation regime industry.
 Our literature review complemented with semi-structured interviews held 23 stakeholders working risk management Malta.
 The common identified were compliance regulations, money laundering, liquidity risks. industry highlighted credit, market jurisdiction as specific faced...