Insurance economics / Peter Zweifel, Roland Eisen, David L. Eckles.
2021
HG8051 .Z8413 2021
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Details
Title
Insurance economics / Peter Zweifel, Roland Eisen, David L. Eckles.
Author
Zweifel, Peter, author.
Uniform Title
Versicherungsökonom. English
Edition
Second edition.
ISBN
9783030803902 (electronic bk.)
3030803902 (electronic bk.)
9783030803896
3030803899
3030803902 (electronic bk.)
9783030803896
3030803899
Published
Cham : Springer, [2021]
Copyright
©2021
Language
English
Language Note
Translated from German.
Description
1 online resource : illustrations (some color)
Item Number
10.1007/978-3-030-80390-2 doi
Call Number
HG8051 .Z8413 2021
Dewey Decimal Classification
368/.01
Summary
Insurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance among individuals and corporations, objectives pursued and management tools used by insurance companies, the regulation of insurance, and the division of labor between private and social insurance. Appropriate both for advanced undergraduate and graduate students of economics, management, and finance, this text provides the background required to understand current research. Predictions derived from theoretical arguments are not merely stated, but also related to empirical evidence. Throughout the book, conclusions summarize key results, helping readers to check their knowledge and comprehension. Issues discussed include paradoxes in decision making under risk and attempts at their resolution, moral hazard and adverse selection including the possibility of a "death spiral", and future challenges to both private and social insurance such as globalization and the availability of genetic information. This second edition has been extensively revised. Most importantly, substantial content has been added to represent the evolution of risk-related research. A new chapter, Insurance Demand II: Nontraditional Approaches, provides a timely addition in view of recent developments in risk theory and insurance. Previous discussions of Enterprise Risk Management, long-term care insurance, adverse selection, and moral hazard have all been updated. In an effort to expand the global reach of the text, evidence and research from the U.S. and China have also been added
Bibliography, etc. Note
Includes bibliographical references and indexes.
Access Note
Access limited to authorized users.
Digital File Characteristics
text file
PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed October 13, 2021).
Series
Classroom companion. Economics.
Available in Other Form
Print version: 9783030803896
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Online Access
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Table of Contents
Introduction: Insurance and Its Economic Role
Risks: Measurement, Perception, and Management
Insurance Demand I: Decisions Under Risk Without Diversification Possibilities
Insurance Demand II: Nontraditional Approaches to Decisions Under Risk
Insurance Demand III: Decisions Under Risk with Diversification Possibilities
The Insurance Company and Its Insurance Technology
The Supply of Insurance
Insurance Markets and Asymmetric Information
Regulations of Insurance
Social Insurance
Challenges Confronting Insurance.
Risks: Measurement, Perception, and Management
Insurance Demand I: Decisions Under Risk Without Diversification Possibilities
Insurance Demand II: Nontraditional Approaches to Decisions Under Risk
Insurance Demand III: Decisions Under Risk with Diversification Possibilities
The Insurance Company and Its Insurance Technology
The Supply of Insurance
Insurance Markets and Asymmetric Information
Regulations of Insurance
Social Insurance
Challenges Confronting Insurance.