Organizational adaptation to Complexity: A study of the South African Insurance Market as a Complex Adaptive System through Statistical Risk Analysis

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ID: 282171
2011
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Abstract
South Africa assumes a significant position in the insurance landscape of Africa. The present research based upon qualitative and quantitative analysis, shows that it shows the characteristics of a Complex Adaptive System. In addition, a statistical analysis of risk measures through Value at risk and Conditional tail expectation is carried out to show how an individual insurance company copes under external complexities. The authors believe that an explanation of the coping strategies, and the subsequent managerial implications would enrich our understanding of complexity in business.
Reference Key
marwala2011organizational Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Satyakama Paul; Bhekisipho Twala; Tshilidzi Marwala
Journal arXiv
Year 2011
DOI
DOI not found
URL
http://arxiv.org/abs/1110.4296v1
Keywords
cs.cy

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