Previous studies have found a positive association between the costs of switching providers and market power in the banking sector. We believe a similar association exists in the Swedish home insurance industry, given that Finansinspektionen's (2022) previous findings indicate price walking, a premium paid by loyal customers, is prevalent in the market. We therefore investigate whether there exists a positive association between switching costs and market power in the Swedish home insurance market using a panel data approach between the years of 2012-2022. We employ Shy's (2002) measure to estimate switching costs and the Lerner index to estimate market power. The results reveal a statistically significant association between switching costs and market power, indicating that reducing switching costs could help reduce market power, potentially benefiting consumers. These results are robust between model choices, period, and measure of price and costs. The findings also imply that decreases in switching costs could lower consumer prices by increasing competition and reducing profit margins. To reduce switching costs, we propose investigating the effects of standardizing insurance policies for easier comparison and exploring the potential effects of discouraging cumulative discounts that deter customers from changing providers.

The problems associated with increased heavy grain truck traffic in rural regions were investigated. Both the short-run incremental costs of accelerated pavement replacement and the long-run incremental costs of upgrading low-volume highways were considered. A set of demand and traffic models was formulated which projects the annual flow of grain from each production zone in an impact region to each elevator, allocates the flows among truck-types, computes the annual trips, gross vehicle weights and axle weights, and assigns the truck trips to the highway network. A set of highway models was also formulated which computes the equivalent single axle loads for each highway section in an impact region and estimates the incremental costs associated with subterminal traffic. The impacts of a newly-formed subterminal-satellite elevator system in rural North Dakota were investigated. The results of the case study indicate that rural collector highways are likely to experience substantial localized impacts from subterminal development but the effects on principal arterials may be minimal. Altogether, $1.14 million in short-run costs and $8.41 million in long-run costs were projected for the impact region. However, the case study roads represent less than 2 percent of the rural arterial and collector highway mileage in the state. If the case-study network represents a microcosm of rural North Dakota, then the statewide short-run and long-run incremental costs may be in the vicinity of $57 million and $420 million respectively. However, regional variations within the state may result in either higher or lower costs for a given elevator system than those projected in the case study. / Ph. D.

Previous studies have found a positive association between the costs of switchingproviders and market power in the banking sector. We believe a similar associationexists in the Swedish home insurance industry, given that Finansinspektionen’s(2022) previous findings indicate price walking, a premium paid by loyal customers,is prevalent in the market. We therefore investigate whether there exists a positiveassociation between switching costs and market power in the Swedish homeinsurance market using a panel data approach between the years of 2012-2022. Weemploy Shy’s (2002) measure to estimate switching costs and the Lerner index toestimate market power. The results reveal a statistically significant association betweenswitching costs and market power, indicating that reducing switching costscould help reduce market power, potentially benefiting consumers. These resultsare robust between model choices, period, and measure of price and costs. Thefindings also imply that decreases in switching costs could lower consumer pricesby increasing competition and reducing profit margins. To reduce switching costs,we propose investigating the effects of standardizing insurance policies for easiercomparison and exploring the potential effects of discouraging cumulative discountsthat deter customers from changing providers.

Digitized by Kansas State University Libraries

LD2668 .T4 1939 S31 / Master of Science

Call number: LD2668 .T4 1942 S4 / Master of Science

Call number: LD2668 .T4 1963 D55 / Master of Science

Due to the deterioration of the earth’s health and the uncertainty in terms of climate changes, economy, food, water and energy supplies, the above terms have become worldwide phenomena. Buildings have a huge role to play in addressing the environmental concerns as they play a contributing role in gas emissions, waste disposal and energy use. The literature review and results of the quantitative research amongst experts like facility and building managers, leasing agents, finance managers and project managers in the property sector formed the basis of the study. Although green buildings are regarded as the future, the study revealed that there is a perception, even amongst experts in the property sector that the upfront costs of building green is substantially higher when compared to building conventional, which limits the construction of green buildings. This research is aimed at investigating whether building green leads to financial benefits which will ultimately provide the differentiator when it comes down to a final decision whether to invest in green buildings or not. An overview is also provided on the fundamental principles of green buildings which are important to be implemented in the construction of green buildings in order to maximise the financial benefits provided by green buildings. The study showed that experts agreed that the concepts applied in green buildings lead to long-term financial savings which justifies the statement that a realistic comparison between the total costs of building green versus building conventional can only be achieved over the lifecycle of a building. The main finding of this study is that there is awareness and understanding of the financial benefits associated with green buildings which implies that green buildings have a good growth potential. / MBA, North-West University, Potchefstroom Campus, 2014

Due to the deterioration of the earth’s health and the uncertainty in terms of climate changes, economy, food, water and energy supplies, the above terms have become worldwide phenomena. Buildings have a huge role to play in addressing the environmental concerns as they play a contributing role in gas emissions, waste disposal and energy use. The literature review and results of the quantitative research amongst experts like facility and building managers, leasing agents, finance managers and project managers in the property sector formed the basis of the study. Although green buildings are regarded as the future, the study revealed that there is a perception, even amongst experts in the property sector that the upfront costs of building green is substantially higher when compared to building conventional, which limits the construction of green buildings. This research is aimed at investigating whether building green leads to financial benefits which will ultimately provide the differentiator when it comes down to a final decision whether to invest in green buildings or not. An overview is also provided on the fundamental principles of green buildings which are important to be implemented in the construction of green buildings in order to maximise the financial benefits provided by green buildings. The study showed that experts agreed that the concepts applied in green buildings lead to long-term financial savings which justifies the statement that a realistic comparison between the total costs of building green versus building conventional can only be achieved over the lifecycle of a building. The main finding of this study is that there is awareness and understanding of the financial benefits associated with green buildings which implies that green buildings have a good growth potential. / MBA, North-West University, Potchefstroom Campus, 2014

published_or_final_version / abstract / Business / Master / Master of Philosophy