economics of insurance advanced textbooks in economics

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Economics Of Insurance

Author : K.H. Borch
ISBN : 9781483294902
Genre : Business & Economics
File Size : 65. 46 MB
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The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries. Reinsurance is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

Insurance Economics

Author : Peter Zweifel
ISBN : 9783642205477
Genre : Business & Economics
File Size : 81. 33 MB
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Presenting theoretical foundations and empirical research, this text introduces the reader to the core issues and analytical tools of insurance economics, examining in detail a host of key factors including supply and demand, regulation and social insurance.

Contributions To Insurance Economics

Author : Georges Dionne
ISBN : 9789401711685
Genre : Business & Economics
File Size : 33. 62 MB
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For a number of years, I have been teaching and doing research in the economics of uncertainty, information, and insurance. Although it is now possible to find textbooks and books of essays on uncertainty and in formation in economics and finance for graduate students and researchers, there is no equivalent material that covers advanced research in insurance. The purpose of this book is to fill this gap in literature. It provides original surveys and essays in the field of insurance economics. The contributions offer basic reference, new material, and teaching supple ments to graduate students and researchers in economics, finance, and insurance. It represents a complement to the book of readings entitled Foundations of Insurance Economics - Readings in Economics and Finance, recently published by the S.S. Huebner Foundation of Insurance Education. In that book, the editors (G. Dionne and S. Harrington) disseminate key papers in the literature and publish an original survey of major contributions in the field.

The Economics Of Risk And Insurance

Author : S. Hun Seog
ISBN : 9781405185523
Genre : Business & Economics
File Size : 26. 44 MB
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Written for advanced undergraduate and master?s level courses, this book builds from a base of asymmetric information issues to discuss a wide array of topics and is illustrated with some timely examples. Covers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance Provides a clear exposition of the necessary mathematics, a feature which cannot be found in readers on the topic Utilizes an undergraduate economics major level of math Uses the simplest economic models possible to keep the text intuitive Introduces more mathematically complex techniques such as basic optimization for students wishing to 'go further' in their analysis

Research Handbook On The Economics Of Insurance Law

Author : Daniel Schwarcz
ISBN : 9781782547143
Genre : Law
File Size : 30. 66 MB
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The fields of insurance law and insurance economics have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance e

Insurance And Behavioral Economics

Author : Howard C. Kunreuther
ISBN : 9780521845724
Genre : Business & Economics
File Size : 41. 1 MB
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This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

The Economics Of Social Protection

Author : Lars Söderström
ISBN : 9781848442955
Genre : Political Science
File Size : 77. 15 MB
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This book will be of interest to anyone interested in the technical detail of funding mechanisms, and those not so inclined will still find plenty of thought-provoking material to explore. . . This book is a treasure-trove of empirical data, theoretical discussion, and practical application, and also as a useful indicator of how much of Europe understands social protection. Citizen s Income This book focuses on arrangements for redistributing consumption opportunities over the life cycle and for providing compensation for income losses or large expenditures due to reasons such as illness and unemployment. After extensive coverage of the nature of inequalities in income and wealth in a market economy, and various notions of social justice, the author discusses public and private transfers in cash or in kind related to old age, childhood, illness and the like. Importantly, the book takes into account both equity and efficiency aspects. This concise discussion of the welfare state and its alternatives will be of great interest to students of economics at the intermediate level as well as to graduate students of sociology, social work and other social sciences. It will also appeal to politicians and civil service managers with an interest in the fundamentals of social policy.

The New Palgrave Dictionary Of Economics

Author : NA NA
ISBN : 9781349588022
Genre : Law
File Size : 50. 82 MB
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The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Reforming The Welfare State

Author : Herbert Giersch
ISBN : 9783642604973
Genre : Business & Economics
File Size : 47. 97 MB
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This book is the sequel to Fighting Europe's Unemployment in the 1990s, the collection of papers presented at the Salzburg Symposium of the Egon-Sohmen-Foundation in 1994. Though the problem of un employment was urgent already then, it has not found a practical solution in the meantime, and even intellectually it remains somewhat of a mystery. A clue is offered by the contrast with the United States: they have the working poor; we, on the old continent, have the welfare recipients. This brings the relationship between unemployment and the welfare state to the fore. On closer inspection, however, the matter appears to be much more complicated than the transatlantic contrast suggests. Consider only that the welfare state and what is called "social policy" have a long tradition in Europe. They obviously did not pre vent or noticeably hamper the decline in unemployment in the 1950s and the emergence of full employment in the 1960s. This leaves room for various conjectures. Does the welfare state matter only after a long time lag or after it has grown too fast or too much beyond a critical size? Is it the welfare state per se that is harmful to employment or do its harmful effects arise only under certain conditions, e. g.

Encyclopedia Of Health Economics

Author :
ISBN : 9780123756794
Genre : Medical
File Size : 37. 28 MB
Format : PDF
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The Encyclopedia of Health Economics offers students, researchers and policymakers objective and detailed empirical analysis and clear reviews of current theories and polices. It helps practitioners such as health care managers and planners by providing accessible overviews into the broad field of health economics, including the economics of designing health service finance and delivery and the economics of public and population health. This encyclopedia provides an organized overview of this diverse field, providing one trusted source for up-to-date research and analysis of this highly charged and fast-moving subject area. Features research-driven articles that are objective, better-crafted, and more detailed than is currently available in journals and handbooks Combines insights and scholarship across the breadth of health economics, where theory and empirical work increasingly come from non-economists Provides overviews of key policies, theories and programs in easy-to-understand language

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