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bei einfacher Jahresmaximierung

English translation: unconstrained maximization


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:bei einfacher Jahresmaximierung
English translation:unconstrained maximization
Entered by: Ann C Sherwin
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20:38 Aug 30, 2003
German to English translations [PRO]
Bus/Financial - Insurance / insurance
German term or phrase: bei einfacher Jahresmaximierung
I understand the annual aggregate limit, but what is the significance of "einfach"?
The sentence is "Die Deckungssumme ... ist begrenzt auf 15 Mio. € pauschal für Personen-, Sach- und mitversicherte Vermögensschäden, bei einfacher Jahresmaximierung."
Ann C Sherwin
Local time: 04:34
unconstrained maximization
Explanation:
Shaeffers offers the following definitions:
Maximierung f ohne Nebenbedingung
(Math) unconstrained maximization

Maximierung f unter Nebenbedingungen
(Math) constrained maximization

And "unconstrained maximization" + "insurance" gets 96 Google hits:

For example,

[PDF]Health Insurance: Treatment vs. Compensation
File Format: PDF/Adobe Acrobat - View as HTML
... loss (ie, cash): We also study how the extent of insurance coverage bought ... er- ence
curve through (1; C) has slope C, so that unconstrained maximization of U (t ...
folk.uio.no/gasheim/agt-swg2.pdf - Similar pages

Horst Zank
... with Applications to Portfolio Selection and Insurance Demand," Discussion ... convexity
and concavity, constrained and unconstrained maximization, the Lagrangian ...
les1.man.ac.uk/ses/staff/zank/horst_zank.htm - 16k - Cached - Similar pages

[PDF]Introduction to Economics I for Non-Major Instructor: Joe Chan / ...
File Format: PDF/Adobe Acrobat - View as HTML
... choice of output is analyzed by a model of unconstrained maximization, in contrast ... aim is to understand brand names, screening and incomplete insurance etc as ...
www.econ.hku.hk/~jchan/2002/econ1001.pdf
Selected response from:

William Stein
Local time: 02:34
Grading comment
Thanks for your very thorough answer!
4 KudoZ points were awarded for this answer



Summary of answers provided
3unconstrained maximization
William Stein


  

Answers


27 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
unconstrained maximization


Explanation:
Shaeffers offers the following definitions:
Maximierung f ohne Nebenbedingung
(Math) unconstrained maximization

Maximierung f unter Nebenbedingungen
(Math) constrained maximization

And "unconstrained maximization" + "insurance" gets 96 Google hits:

For example,

[PDF]Health Insurance: Treatment vs. Compensation
File Format: PDF/Adobe Acrobat - View as HTML
... loss (ie, cash): We also study how the extent of insurance coverage bought ... er- ence
curve through (1; C) has slope C, so that unconstrained maximization of U (t ...
folk.uio.no/gasheim/agt-swg2.pdf - Similar pages

Horst Zank
... with Applications to Portfolio Selection and Insurance Demand," Discussion ... convexity
and concavity, constrained and unconstrained maximization, the Lagrangian ...
les1.man.ac.uk/ses/staff/zank/horst_zank.htm - 16k - Cached - Similar pages

[PDF]Introduction to Economics I for Non-Major Instructor: Joe Chan / ...
File Format: PDF/Adobe Acrobat - View as HTML
... choice of output is analyzed by a model of unconstrained maximization, in contrast ... aim is to understand brand names, screening and incomplete insurance etc as ...
www.econ.hku.hk/~jchan/2002/econ1001.pdf


William Stein
Local time: 02:34
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 23
Grading comment
Thanks for your very thorough answer!
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