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 : 87. 90 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 : 90. 11 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 : 0792391756
Genre : Business & Economics
File Size : 75. 76 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 : 35. 42 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

Lectures On Microeconomic Theory

Author : Edmond Malinvaud
ISBN : STANFORD:36105036634082
Genre : Business & Economics
File Size : 52. 71 MB
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History Of Economic Theory

Author : T. Negishi
ISBN : 9780080508153
Genre : Business & Economics
File Size : 38. 1 MB
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This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future. After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.

Research Handbook On The Economics Of Insurance Law

Author : Daniel Schwarcz
ISBN : 9781782547143
Genre : Law
File Size : 89. 55 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

Life Insurance

Author : Solomon Stephen Huebner
ISBN : UCAL:$B95649
Genre : Insurance, Life
File Size : 33. 83 MB
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Insurance And Behavioral Economics

Author : Howard C. Kunreuther
ISBN : 9780521845724
Genre : Business & Economics
File Size : 25. 21 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.

Social Insurance And Economic Security

Author : George E. Rejda
ISBN : 9781317459736
Genre : Business & Economics
File Size : 62. 4 MB
Format : PDF
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This classic social insurance work has been updated to cover a decade of policy developments and the impact of the recent economic crisis.The book includes in-depth discussion of all major programs to reduce economic insecurity in the United States, including Social Security, Medicare, workers' compensation, unemployment compensation, and temporary disability insurance. The principles, characteristics, and policy issues associated with social insurance and public assistance programs are discussed in detail. The book examines each major cause of economic insecurity and analyzes the appropriate social insurance program for dealing with the problem.

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