Selected Refereed Scholarly Publications
Selected Refereed Scholarly Publications
Cohen/Hofmann: "Regretful Risks: A Partial Explanation of the Insurance Distortion Puzzle", published open access in: Finance Research Open, vol. 1, issue 2, 2025. Available here: https://www.sciencedirect.com/science/article/pii/S3050700625000015
Peter/Hofmann: "Precautionary Risk Reduction and Saving: Two Sides of the Same Coin?", Insurance Mathematics and Economics, vol. 118, 175-194, 2024.
Hofmann/Zweifel: "Can Multi-Peril Insurance Policies Mitigate Adverse Selection?", Risks - Special Issue: Advancements in Actuarial Mathematics and Insurance Risk Management, vol. 12, no. 6: 102. doi.org/10.3390/risks12060102.
Hofmann/Zweifel: "Can Investment Views Explain Why People Insure Their Cell Phones but Not Their Homes? - A New Perspective on the Catastrophe Insurance Puzzle", Journal of Risk and Financial Management - Special Issue: Editorial Board Members’ Collection Series, Volume 17, Issue 4, 2024.
Hofmann/Sattarhoff: "Underwriting Cycles in Property-Casualty Insurance: The Impact of Catas- trophic Events", Risks - Special Issue "Feature Papers 2023", Volume 11, Issue 4, 2023.
Klocke/Warkulat/Hofmann/Pelster: Risk Managers' Personality Traits and Selective Hedging (Persoenlichkeitseigenschaften von Risikomanagern und selektives Hedging), Business Research and Applications (Betriebswirtschaftliche Forschung und Praxis), No. 06/2022, www.bfup.de.
Chen/Djalalova/Rothschild/Hofmann: Teaching Vaccines Using Internal-to-the-Market Externalities, Journal of Economic Education, 2022.
Browne/Hofmann/Lin: Race Discrimination in the Adjudication of Claims: Evidence from Earthquake Insurance, Journal of Risk and Insurance, 2022.
Pelster/Hofmann/Klocke/Warkulat: Dark Triad Personality Traits and Selective Hedging, Journal of Business Ethics, November 9 (2021), https://doi.org/10.1007/s10551-021-04985-z.
Hofmann/Eugster: "Guaranteed Renewability in Health Insurance: Taking into Account Changes in Risk Status and Cost of Dying", Journal of Insurance Regulation, Vol. 38, 2020.
Wheatley/Hofmann/Sornette: "Addressing Insurance of Data Breach Cyber Risks in the Catastrophe Framework", April 16, 2020: Geneva Papers on Risk and Insurance - Issues and Practice.
Browne/Hofmann/Richter/Roth/Steinorth: "Peer Effects in Risk Taking: Evidence from Germany", Special Issue on Recent Developments in Financial Modeling and Risk Management: Annals of Operations Research, Vol. 299, 1129–1163, 2020.
Hofmann/Rogalla: "Intermediary Compensation under Endogenous Advice Quality in Insurance Markets", Journal of Insurance Issues, Vol. 43, No. 1, 79-108, April 2020.
Hofmann/Neumann/Zweifel: "Risky Health Decisions under Regulatory Constraints: Abortion Tourism in Switzerland", Journal of Risk and Uncertainty, Vol. 59, No. 3, December 2019.
Hofmann/Rothschild: "On the Efficiency of Self-Protection with Spillovers in Risk", Geneva Risk and Insurance Review, Vol. 44, No. 2, 207-221, September 2019.
Hofmann/Häfen/Nell: “Optimal Insurance Policy Indemnity Schedules with Policyholders’ Limited Liability and Background Risk", Journal of Risk and Insurance, Vol. 86, Issue 4, 973-988, December 2019.
Pelster/Hofmann: “About the Fear of Reputational Loss: Social Trading and the Disposition Effect", Journal of Banking and Finance, Vol. 94, 75-88, September 2018.
Hofmann/Neumann/Pooser: “Plea for Uniform Regulation and Challenges of Implementing the New Insurance Distribution Directive". Geneva Papers on Risk and Insurance - Issues and Practice, Special Issue on Insurance Regulation, Vol. 43, 740–769, July 2018.
Hofmann/Scordis: “Challenges in applying Risk Management Concepts in Practice", Risk Management and Insurance Review, Vol. 21, No. 2, 309–333, 2018.
Hofmann/Peter: “Self-Insurance, Self-Protection, and Saving: On Consumption Smoothing and Risk Management", Journal of Risk and Insurance, Vol. 83, No. 3, 719–734, 2016.
Hofmann/Oldehaver: “Vertically Linked Industries, Product Quality, and Minimum Quality Standards", German Economic Review, Vol. 17, No. 1, 92–103, 2016.
Hofmann: “Internalizing Externalities of Loss Prevention through Insurance Monopoly: An Analysis of Interdependent Risks", Geneva Risk and Insurance Review - 40th Anniversary Edition, 2015 (reprint from 2007).
Struempel/Hofmann/Nell: “The Impact of Ex Post Remunerated Information Intermediaries on Insurance Market Equilibrium”, Zeitschrift für die gesamte Versicherungswissenschaft (Journal of Insurance Science), Vol. 104, No. 3, 227-246, 2015. 1
Hofmann/Peter: “Multivariate Prevention Decisions: Safe Today or Sorry Tomorrow?", Economics Letters, Vol. 128, 51-53, 2015.
Shehu/Hofmann/Clement/Langmaak: “The Healthy Donor Effect and Satisfaction with Health", European Journal of Health Economics, Vol. 16, No. 7, 733–755, 2015.
Haas/Hofmann: “Emerging Risks from Cloud Computing: Questions of Risk Management and Insurability Issues", Zeitschrift für die gesamte Versicherungswissenschaft (Journal of Insurance Science) , Vol. 103, 377–407, 2014.
Hofmann/Browne: “One-sided Commitment in Dynamic Insurance Contracts: The Market for Private Health Insurance in Germany", Journal of Risk and Uncertainty, Vol. 46, No. 1, 2013.
Hofmann/Saljanin: “Miscounseling in Monopolistic Competition: A Case for Regulation", Review of European Studies, Vol. 5, No. 1, 2013.
Hofmann/Nell: “Smoking Bans and the Second-hand Smoking Problem: An Economic Analysis", European Journal of Health Economics, Vol. 13, 227-236, 2012.
Hofmann/Nell: “Information Cost, Broker Compensation and Collusion in Insurance Markets", Schmalenbach Business Review (ZfbF), Vol. 63, 287-307, 2011.
Hofmann/Ramaj: “Interdependent Risk Networks: The Threat of Cyber Attack", International Journal of Management and Decision Making, Vol. 11, No. 5/6, 312-323, 2011.
Hofmann/Nell/Pohl: “On Monopoly Insurance Pricing when Agents differ in Risk Aversion", Journal of Insurance Issues, Vol. 32 (2), 133-153, 2009.
Hofmann: “Internalizing Externalities of Loss Prevention through Insurance Monopoly: An Analysis of Interdependent Risks", Geneva Risk and Insurance Review, No. 32, 91-111, 2007.
Hofmann/Dulle: "Digital Alchemy: The Allure of Blockchain Technology and Cryptocurrency in a Modern Economy", in: Fintech and the Emerging Ecosystems around Centralised and Decentralised Financial Technologies (Zarifis, Cheng (eds.)), Springer, June 2025:
https://link.springer.com/book/9783031834011
Hofmann/Schmalbach: "Protecting Intangible Assets in a VUCA World – Parametric Solutions to secure the Company’s Crown Jewels", in: Innovations in Insurance 2021 (Eckstein, Funk, Liebetrau (eds.)), VVW, 2021 edition.
Hofmann/Mandel: "Business Interruption Insurance Coverage: The Next Century", Insurance Research Letter, June/July 2020 edition.
Hofmann/Lin: “Innovation in the Insurance Industry in a Climate of Change", in: Innovation in the European Insurance Industry (Eckstein, Funk-Muenchmeyer, Liebetrau (eds.)), 139-148, VVW, 2019.
Hofmann/Scordis: “The Cognitive Mistakes that Plague Risk Managers", in: Brinknews.com, 01/11/2019, www.brinknews.com/the-cognitive-mistakes-that-plague-risk-managers/
Hofmann/Pooser: “Insurance Linked Securities - Structured and Market Solutions", in: The Palgrave Handbook of Unconventional Risk Transfer (Pompella, Scordis (eds.)), 357-373, Palgrave Macmillan, 2017.
Hofmann/Scordis: “The Rationale For Corporate Risk Management", in: The Palgrave Handbook of Unconventional Risk Transfer, (Pompella, Scordis (eds.)), 35-54, Palgrave Macmillan, 2017.
Hofmann/Rosenbrock: “The Social Health Insurance Competition Strengthening Act in Germany - Can there be Competition without Risk Selection?", Geneva Association Newsletter, 22, 2010.
Hofmann: “Strict Liability versus Negligence when there are Interdependencies in Taking Care", Journal of Risk Management and Insurance, Vol. 14, 76-86, 2010.
Hofmann/Rauchhaupt: “Veränderungen und Herausforderungen der D&O-Versicherung im Zuge der Reform des VVG (Challenges of Directors’ and Officers’ Liability Insurance at the time of the new German Insurance Contract Act)". In: Zeitschrift für Versicherungswesen (Journal of Insurance Business), 15/16, August 2009 (in German).
Hofmann/Nell/Buhné: “Marktversagen bei Externalitäten der Schadenverhütung (Market Failures due to Prevention Externalities)". In: das wirtschaftsstudium (Studies in Business Administration), 06/2009 (in German).
Hofmann: “Interdependent Risks: How to Create Allocative Efficiency". In: Gerencia de Riesgos y Seguros (Risk Management and Insurance), 97, 2007 (in English and Spanish).
Hofmann/Nell: “Risk Management". In: Freidank, Carl-Christian, Lachnit, Laurenz und Tesch, Jörg: Vahlens Grosses Auditing Lexikon, München, 2007 (in German).
Hofmann: "The Ten Commandments in Risk Leadership - A Behavioral Strategic Risk Management Guide", Springer, forthcoming Summer 2022.
Hofmann: “Economic Issues in Health Policy and Health Insurance Markets: Prevention Incentives, Risk Interdependencies, and Efficiency", State Doctorate (Habilitation), University of Hamburg, 2013.
Hofmann: “Imperfect Insurance Markets: An Economic Analysis of Externalities and Consumer Diversity", Ph.D. Thesis, Verlag Versicherungswirtschaft, Karlsruhe, 2009.
Roth/Hofmann/Jaspersen: "The Effect of Terrorism Risk Perception on Savings Behavior" (WP 2019) Available as SSRN:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3595982
American Risk and Insurance Association [ARIA]
European Group of Risk and Insurance Economists [EGRIE]
Risk Theory Society [RTS]
Southern Risk and Insurance Association [SRIA]
09/2024 "Driven by Risk: Understanding Reference-Dependent Preferences using Simulated Auto Racing", European Group of Risk and Insurance Economists (EGRIE), Hamburg
08/2024 "Can Investment Views Explain Why People Insure Their Cell Phones but Not Their Homes? - A New Perspective on the Catastrophe Insurance Puzzle", American Risk and Insurance Association (ARIA), Denver
02/2020 "Self-Protection with Spillovers in Risk", Robert A. Hedges Research Seminar Series, Fox School of Business, Department of Risk, Insurance, and Healthcare Management at Temple University, Philadelphia
11/2019 "Intermediary Compensation under Endogenous Advice Quality in Insurance Markets", Annual Meeting of the Southern Risk and Insurance Association (SRIA), Charleston
06/2019 "Health Insurance in a World of Interdependent Risks: The Case of the Affordable Care Act", American Society of Health Economists (ASHEcon), Washington D.C.
11/2018 "Which Earthquake Claims Get Paid? An Examination of Claiming Behavior and Neigh- borhood Characteristics", Annual Meeting of the Southern Risk and Insurance Association (SRIA), Orlando
08/2018 "Does the Affordable Care Act lead to Selection Effects in U.S. Health Insurance?", American Risk and Insurance Association (ARIA), Chicago
03/2018 "Heavy-Tailed Data Breaches and the Challenge of Insuring Cyber Risks: A Man-Made Natural Catastrophe?", Emerging Risks Conference, organized by St. John’s University & Risk Management and Insurance Review on March 10, 2018, New York
08/2017 "Guaranteed Renewability in Health Insurance: Taking into Account Changes in Risk Status and Cost of Death", American Risk and Insurance Association (ARIA), Toronto
09/2016 "Camouflage and Ballooning in Health Insurance: Evidence from Switzerland”, European Group of Risk and Insurance Economists (EGRIE), Cyprus
08/2016 "Camouflage and Ballooning in Health Insurance: Evidence from Switzerland”, American Risk and Insurance Association (ARIA), Boston
04/2016 "Guaranteed Renewability in Health Insurance: Taking into Account Changes in Risk Status and Cost of Death”, International Academy of Business Disciplines, 28th Annual Conference, Las Vegas
03/2014 "Empirical Evidence on Long-term Care Insurance Purchase in Germany: Current Is- sues and Challenges”, German Association of Health Economics - Deutsche Gesellschaft für Gesundheitsökonomie, Munich
07/2013 "Market Insurance, Self-Insurance, and Self-Protection in a Two-Period Framework”, Asia- Pacific Risk and Insurance Association (APRIA), New York
03/2013 "Self-Insurance, Self-Protection, and Increased Risk Aversion: An Intertemporal Reinvesti- gation”, German Insurance Science Association, Berlin
09/2012 "Vertically Linked Industries, Product Quality, and Minimum Quality Standards”, European Association for Research in Industrial Economics (EARIE), Rome
09/2012 "Intertemporal Self-Insurance-cum-Protection: Saving, Imperfection, and Background Risk”, European Group of Risk and Insurance Economists (EGRIE), Palma
03/2012 "One-Sided Commitment in Dynamic Contracts: Evidence from Private Health Insurance in Germany”, Risk Theory Society (RTS), Tallahassee
01/2012 "The Impact of Time Structure on Optimal Prevention”, Western Risk and Insurance Associa- tion (WRIA), Kona (Hawaii)
09/2011 "The Impact of Time-Structure on Optimal Prevention”, XIIth Symposium of Economic Analysis, Zürich
03/2011 "Long-Term Health Insurance Contracts and the Problem of One-Sided Commitment ", German Insurance Science Association, Berlin
01/2011 "One-Sided Commitment in Dynamic Contracts: Evidence from Private Health Insurance in Germany”, American Economic Association, Denver
09/2010 "Insurance Market with Self-Protection Activities and Risk Interdependencies: Profits, Market Structure, and Consumer Welfare”, German Social Policy Association - Verein für Socialpolitik, Kiel
07/2010 "Information Cost, Broker Compensation and Collusion in Insurance Markets”, World Risk and Insurance Economics Congress (WRIEC), Singapore
09/2009 "Smoking Bans and the Second-hand Smoking Problem: An Economic Analysis”, Research Seminar, Ludwig-Maximilians-University, Munich
09/2009 "Miscounseling in Monopolistic Competition: A Case for Regulation”, European Association for Research in Industrial Economics (EARIE), Ljubljana
09/2009 "Information Cost, Broker Compensation and Collusion in Insurance Markets”, European Group of Risk and Insurance Economists (EGRIE), Bergen
07/2009 "Information Cost, Broker Compensation and Collusion in Insurance Markets”, Asia-Pacific Risk and Insurance Association (APRIA), Beijing
09/2008 "The Impact of Intermediary Remuneration in Differentiated Insurance Markets ", European Group of Risk and Insurance Economists (EGRIE), Toulouse
07/2008 "The Impact of Intermediary Remuneration in Differentiated Insurance Markets ", Asia- Pacific Risk and Insurance Association (APRIA), Sydney
01/2007 "The Demand for Insurance when Risk Preferences are stochastically distributed ", Western Risk and Insurance Association (WRIA), San Diego
09/2006 "Internalizing Externalities of Loss Prevention through Insurance Monopoly ", German Social Policy Association - Verein für Socialpolitik, Bayreuth
09/2006 "Internalizing Externalities of Loss Prevention through Insurance Monopoly ", European Group of Risk and Insurance Economists (EGRIE), Barcelona
08/2006 "Internalizing Externalities of Loss Prevention through Insurance Monopoly ", American Risk and Insurance Association (ARIA), Washington