Contributions To Insurance Economics

Author : Georges Dionne
Publisher : Springer Science & Business Media
Page : 536 pages
File Size : 47,9 Mb
Release : 2013-04-17
Category : Business & Economics
ISBN : 9789401711685

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Contributions to Insurance Economics by Georges Dionne Pdf

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.

Author : Peter Zweifel,Roland Eisen
Publisher : Springer Science & Business Media
Page : 461 pages
File Size : 48,5 Mb
Release : 2012-02-24
Category : Business & Economics
ISBN : 9783642205484

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Insurance Economics by Peter Zweifel,Roland Eisen Pdf

"Winner of the 2014 Kulp-Wright Book Award Presented by the American Risk and Insurance Association". More information can be found here: http://www.aria.org/awards/bookawards.htm Insurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance by 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. Appropriete 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 argument are not only stated but confronted with empirical evidence. Throughout the book, conclusions summarize results, helping readers to check their knowledge and understanding. Issues discussed include paradoxa in decision making under risk, selection of favorable risks by insurers, the possibility of a "death spiral" in insurance markets, and future challenges such as re-regulation in the wake of the 2007-09 financial crisis and the increasing availability of generic information.

Author : Georges Dionne
Publisher : Springer Science & Business Media
Page : 980 pages
File Size : 46,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401006422

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Handbook of Insurance by Georges Dionne Pdf

In the 1970's, the research agenda in insurance was dominated by optimal insurance coverage, security design, and equilibrium under conditions of imperfect information. The 1980's saw a growth of theoretical developments including non-expected utility, price volatility, retention capacity, the pricing and design of insurance contracts in the presence of multiple risks, and the liability insurance crisis. The empirical study of information problems, financial derivatives, and large losses due to catastrophic events dominated the research agenda in the 1990's. The Handbook of Insurance provides a single reference source on insurance for professors, researchers, graduate students, regulators, consultants, and practitioners, that reviews the research developments in insurance and its related fields that have occurred over the last thirty years. The book starts with the history and foundations of insurance theory and moves on to review asymmetric information, risk management and insurance pricing, and the industrial organization of insurance markets. The book ends with life insurance, pensions, and economic security. Each chapter has been written by a leading authority in insurance, all contributions have been peer reviewed, and each chapter can be read independently of the others.

Author : Georges Dionne,Scott E. Harrington
Publisher : Springer
Page : 728 pages
File Size : 45,6 Mb
Release : 2010-12-08
Category : Business & Economics
ISBN : 9048157897

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Foundations of Insurance Economics by Georges Dionne,Scott E. Harrington Pdf

Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.

Author : Peter Zweifel,Roland Eisen,David L. Eckles
Publisher : Springer Nature
Page : 545 pages
File Size : 48,5 Mb
Release : 2021-10-05
Category : Business & Economics
ISBN : 9783030803902

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Insurance Economics by Peter Zweifel,Roland Eisen,David L. Eckles Pdf

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.

Author : Matthias Rödl
Publisher : Springer
Page : 255 pages
File Size : 46,7 Mb
Release : 2019-01-22
Category : Business & Economics
ISBN : 9783658252489

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Contributions to the Economics of Index Based Insurance Schemes by Matthias Rödl Pdf

Index based insurance schemes can play a vital role in insuring poor people in developing countries against a multitude of risk. However, the concept doesn’t go along without any obstacles. Matthias Rödl provides a theoretical framework of index based insurance schemes and further highlights where the latter distinguishes from a classic indemnity insurance. Thereby, scholars can gain a comprehensive theoretical insight into the topic, while practitioners are enabled to identify and understand fundamental challenges for their project upfront as well as to foster sound solutions.

Author : Christophe Courbage
Publisher : Springer
Page : 261 pages
File Size : 45,9 Mb
Release : 2016-04-29
Category : Business & Economics
ISBN : 9781137574794

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The Geneva Papers by Christophe Courbage Pdf

In January 1976, Raymond Barre, the first President of The Geneva Association, and Orio Giarini, its first Secretary General, founded The Geneva Papers on Risk and Insurance with the main goal of supporting and encouraging research in the economics of risk and insurance. At that time, research in the field of insurance was still embryonic and insurance was regarded as peripheral social activity. When sustained economic growth gained traction, the function of insurance gradually emerged as a key contributor to economic development. By integrating uncertainty into economic theory and benefiting from the progress of both financial economics and decision theory, research developed further in the field of insurance economics and risk management, and is now prolific. The Geneva Papers on Risk and Insurance undeniably contributed to this evolution and its impact on research in insurance has largely exceeded what its two founding members could have expected. This volume is a special collection of papers celebrating 40 Years of The Geneva Papers on Risk and Insurance. The collection looks back at the storied history of The Geneva Papers on Risk and Insurance and features papers from some of the esteemed authors who have contributed to the journal in its lifetime. This collection of papers highlights just a few of the many themes addressed in the papers published by the journal since it was created. Nevertheless, the selection exemplifies the richness and variety of topics the field of insurance covers.

Author : Daniel Schwarcz,Peter Siegelman
Publisher : Unknown
Page : 0 pages
File Size : 54,6 Mb
Release : 2015
Category : Commercial law
ISBN : 1782547134

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Research Handbook on the Economics of Insurance Law by Daniel Schwarcz,Peter Siegelman Pdf

This introduction summarizes the overall scope of the Handbook and provides brief synopses of the 14 contributions.

Author : J. David Cummins
Publisher : Springer Science & Business Media
Page : 338 pages
File Size : 42,5 Mb
Release : 1984-12-31
Category : Business & Economics
ISBN : 0898381592

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Strategic Planning and Modeling in Property-Liability Insurance by J. David Cummins Pdf

The Geneva Association and Risk Economics The Geneva Association The Geneva Association (International Association for the Study of Insurance Economics) commenced its activities in June 1973, on the initiative of twenty-two members in eight European countries. It now has fifty-four members in sixteen countries in Europe and in the United States. The members of the association are insurance companies which provide financial support for its activities. The aims and strategy of the Geneva Association were clearly defined in 1971 by the founding committee. They were set forth in the first report to the Assembly of Members in 1974: "To make an original contribution to the progress of insurance by objective studies on the interdependence between economics and insurance." In pursuit of this objective, the Association strives to place insurance problems in the context of the modern economy and to overcome the antagonism between different groups and institutions by showing that they all have a common interest in tackling the problem of risk in a changing world. In consequence, the studies made by the Association had to move away from the subjects familiar to insurance professionals and explore related fields, dealing with opinions and behavior falling outside the profession's vii FOREWORD viii traditional framework of analysis. It is in this direction that the Association's preoccupations have been directed from the beginning, towards areas in which insurance activities come into contact with those of other economic sectors such as government, banking, manufacturing, and households.

Author : Francesco Paolucci
Publisher : Springer Science & Business Media
Page : 115 pages
File Size : 43,7 Mb
Release : 2010-10-28
Category : Medical
ISBN : 9783642107948

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Health Care Financing and Insurance by Francesco Paolucci Pdf

As a contribution to the search for suitable and sustainable solutions to finance rising medical care expenditures, the book proposes a typology of healthcare financing and insurance schemes, based on the dimensions of basic vs. supplementary services and mandatory vs. voluntary coverage, to analyse the design and the complex interactions between various financing and insurance arrangements in several OECD countries. This study provides a better understanding of the strengths and weaknesses of the financial and organisational structures of different countries’ healthcare financing and insurance schemes. Its main contributions are the development of a novel and rigorous theoretical framework analysing the economic rationales for the optimal design of healthcare financing and insurance schemes, and an empirical and institutional analysis investigating the consequences for efficiency and affordability of the complex interactions between basic and supplementary sources of financing.

Author : Anonim
Publisher : Unknown
Page : 272 pages
File Size : 54,8 Mb
Release : 1991
Category : Electronic
ISBN : OCLC:848840925

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Risk-Based Contributions to Private Health Insurance by Anonim Pdf

Author : Peter Zweifel
Publisher : Now Publishers Inc
Page : 104 pages
File Size : 47,5 Mb
Release : 2007
Category : Health insurance
ISBN : 9781601980168

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The Theory of Social Health Insurance by Peter Zweifel Pdf

The Theory of Social Health Insurance develops the theory of social health insurance also known as public health insurance. While a good deal is known about the demand and supply of private insurance, the theoretical basis of social health insurance is much more fragile. The Theory of Social Health Insurance examines questions including why does social health insurance exist and even dominate private health insurance in most developed countries? What are the objectives and constraints of social health insurance managers? What is the likely outcome or "performance" of social health insurance? The Theory of Social Health Insurance reviews the conventional theory of demand for insurance and health insurance, the supply of health insurance in general and social health insurance in particular, the properties of the optimal health insurance contract, and whether there are factors limiting the growth of social health insurance.

Author : Martina Eckardt
Publisher : Physica
Page : 246 pages
File Size : 50,8 Mb
Release : 2007-03-02
Category : Business & Economics
ISBN : 3790819395

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Insurance Intermediation by Martina Eckardt Pdf

Insurance intermediaries can help consumers to economize on information and transaction costs in insurance markets. This book analyzes conduct and performance in the market for insurance information services by applying search theoretical and industrial organization approaches. Based on a sample of 927 insurance intermediaries, coverage empirically studies the factors that affect the quality of the information services provided by them.

Author : John Creedy,Richard Disney
Publisher : Oxford University Press, USA
Page : 264 pages
File Size : 54,6 Mb
Release : 1985
Category : Business & Economics
ISBN : UOM:39015013009132

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Social Insurance in Transition by John Creedy,Richard Disney Pdf

Concentrating on social "insurance" systems--pensions, unemployment, and sickness insurance, this treatment of the economics of social security examines the aims and operations of state social security.

Author : George E. Rejda
Publisher : Unknown
Page : 520 pages
File Size : 44,7 Mb
Release : 1994
Category : Business & Economics
ISBN : STANFORD:36105006041193

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Social Insurance and Economic Security by George E. Rejda Pdf

This clear, accessible book provides a complete analysis of major social insurance and welfare programs in the United States, including Social Security, workers' compensation, unemployment insurance, and public assistance. Major public policy problems and issues associated with each program are analyzed in depth. The Sixth Edition has been thoroughly updated to accurately reflect the most recent issues and trends surrounding Social Security, unemployment insurance, and welfare reform.