PreprintReviewVersion 1Preserved in Portico This version is not peer-reviewed
Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance
Version 1
: Received: 20 October 2020 / Approved: 21 October 2020 / Online: 21 October 2020 (13:41:16 CEST)
How to cite:
Lee, J.; Lin, T.T. Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance. Preprints2020, 2020100439. https://doi.org/10.20944/preprints202010.0439.v1
Lee, J.; Lin, T.T. Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance. Preprints 2020, 2020100439. https://doi.org/10.20944/preprints202010.0439.v1
Lee, J.; Lin, T.T. Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance. Preprints2020, 2020100439. https://doi.org/10.20944/preprints202010.0439.v1
APA Style
Lee, J., & Lin, T.T. (2020). Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance. Preprints. https://doi.org/10.20944/preprints202010.0439.v1
Chicago/Turabian Style
Lee, J. and Tyrone T. Lin. 2020 "Decision Analysis on Sustainable Value: Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance" Preprints. https://doi.org/10.20944/preprints202010.0439.v1
Abstract
This paper explores decision analysis on product integration of family security services and residential fire insurance in the London and Taiwan markets by using the proposed mathematical models for counting sustainable value. This paper shows the five main different results between London and Taiwan markets with ten different parameters of the family security market, to find out the optimal number of family security integrated services for each security company in London. The improvement of the risk aversion effect based on risk and financial management will enhance the market share of the private security industries in the London and Taiwan markets. The results of this research can serve as a reference for the decision-making of private security industries on product integration under sustainable value consideration. The research findings highlight the potential benefits for both the private security industry and the insurance industry in their design and negotiation for product integration to improve both of business operation and achieve corporate social responsibility goals to match the sustainability in the future.
Keywords
sustainability; decision analysis; family security services; residential fire insurance; risk aversion
Subject
Business, Economics and Management, Accounting and Taxation
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
