The Insurance Economist

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The Insurance Economist

Author : Anonim
Publisher : Unknown
Page : 334 pages
File Size : 53,7 Mb
Release : 1892
Category : Life insurance
ISBN : NYPL:33433003034810

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The Insurance Economist by Anonim Pdf

Insurance Economics

Author : Peter Zweifel,Roland Eisen
Publisher : Springer Science & Business Media
Page : 461 pages
File Size : 45,6 Mb
Release : 2012-02-24
Category : Business & Economics
ISBN : 9783642205477

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Insurance Economics by Peter Zweifel,Roland Eisen Pdf

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.

Economics of Insurance

Author : K.H. Borch,A. Sandmo,K.K. Aase
Publisher : Elsevier
Page : 410 pages
File Size : 45,6 Mb
Release : 2014-07-14
Category : Business & Economics
ISBN : 9781483294902

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Economics of Insurance by K.H. Borch,A. Sandmo,K.K. Aase Pdf

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 and Behavioral Economics

Author : Howard C. Kunreuther,Mark V. Pauly,Stacey McMorrow
Publisher : Cambridge University Press
Page : 343 pages
File Size : 52,6 Mb
Release : 2013-01-28
Category : Business & Economics
ISBN : 9780521845724

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Insurance and Behavioral Economics by Howard C. Kunreuther,Mark V. Pauly,Stacey McMorrow Pdf

This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

Foundations of Insurance Economics

Author : Georges Dionne,Scott E. Harrington
Publisher : Springer Science & Business Media
Page : 748 pages
File Size : 46,7 Mb
Release : 1992
Category : Business & Economics
ISBN : 9780792392040

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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.

Law and Economics of Insurance

Author : Daniel Schwarcz
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 54,5 Mb
Release : 2012
Category : Insurance law
ISBN : 0857931288

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Law and Economics of Insurance by Daniel Schwarcz Pdf

This timely two-volume collection successfully combines economically-oriented legal scholarship on insurance with policy-relevant economics scholarship on insurance. Professor Schwarcz has selected seminal contributions from the past twenty years to explore some of the central questions involving the role of the state in insurance markets. These include rules governing the interpretation and enforceability of insurance contracts, the regulation of insurers and insurance markets, and the role of public programs in supporting private insurance markets. This essential collection will be of immense value and interest to students and academics interested in the diverse field of the law and economics of insurance.

Foundations of Insurance Economics

Author : Georges Dionne,Scott E. Harrington
Publisher : Springer Science & Business Media
Page : 742 pages
File Size : 49,6 Mb
Release : 2013-11-11
Category : Business & Economics
ISBN : 9789401579575

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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.

The Insurance Economist;

Author : Anonymous
Publisher : Wentworth Press
Page : 100 pages
File Size : 53,7 Mb
Release : 2019-03-24
Category : History
ISBN : 101102411X

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The Insurance Economist; by Anonymous Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The Economics of Risk and Insurance

Author : S. Hun Seog
Publisher : John Wiley & Sons
Page : 353 pages
File Size : 41,8 Mb
Release : 2010-03-15
Category : Business & Economics
ISBN : 9781405185523

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The Economics of Risk and Insurance by S. Hun Seog Pdf

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

The Insurance Economist; Volume 17

Author : Anonymous
Publisher : Wentworth Press
Page : 34 pages
File Size : 51,6 Mb
Release : 2019-03-22
Category : Electronic
ISBN : 1010728202

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The Insurance Economist; Volume 17 by Anonymous Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Insurance and Behavioral Economics

Author : Howard C. Kunreuther,Mark V. Pauly,Stacey McMorrow
Publisher : Cambridge University Press
Page : 128 pages
File Size : 44,6 Mb
Release : 2013-01-28
Category : Business & Economics
ISBN : 9781139619141

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Insurance and Behavioral Economics by Howard C. Kunreuther,Mark V. Pauly,Stacey McMorrow Pdf

This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory. Where actual choices stray from predictions, the behavior is considered to be anomalous. Howard C. Kunreuther, Mark Pauly and Stacey McMorrow attempt to understand why these anomalies occur, in many cases using insights from behavioral economics. The authors then consider if and how such behavioral anomalies could be modified to improve individual and social welfare. This book describes situations in which both public policy and the insurance industry's collective posture need to change. This may require incentives, rules and institutions to help reduce both inefficient and anomalous behavior, thereby encouraging behavior that will improve individual and social welfare.

The Economics, Regulation, and Systemic Risk of Insurance Markets

Author : Felix Hufeld,Ralph S. J. Koijen,Christian Thimann
Publisher : Oxford University Press
Page : 247 pages
File Size : 51,6 Mb
Release : 2017
Category : Business & Economics
ISBN : 9780198788812

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The Economics, Regulation, and Systemic Risk of Insurance Markets by Felix Hufeld,Ralph S. J. Koijen,Christian Thimann Pdf

Pt. 1. The economics of insurance and the macroeconomic role of insurance -- What is insurance and how does it differ from general finance? / Christian Thimann -- The macroeconomic role of insurance / Denis Kessler, Amélie de Montchalin, and Christian Thimann -- How the insurance industry manages risk / Denis Duverne and John Hele -- pt. 2. Financial stability and the possibilities of systemic risk -- Risks of life insurers : recent trends and transmission mechanisms / Ralph S.J. Koijen and Motohiro Yogo -- Measuring systemic risk for insurance companies / Viral V. Acharya, Thomas Philippon, and Matthew Richardson -- Measuring interest rate risk in the life insurance sector : the U.S. and the U.K. / Daniel Hartley, Anna Paulson and Richard J. Rosen -- pt. 3. Regulation -- How the insurance industry's asset portfolio responds to regulation / Bo Becker -- Spillover effects of risk regulation on the asset side to asset markets / Andrew Ellul, Chotibhak Jotikasthira, and Christian T. Lundblad -- A regulatory framework for systemic risk in the insurance industry / Felix Hufeld -- pt. 4. Open questions going forward from the insurance sector -- The big questions for the insurance sector : findings from a survey of insurance companies / Luca Pancaldi and Uwe Stegemann

Insurance Economics

Author : Peter Zweifel,Roland Eisen,David L. Eckles
Publisher : Springer Nature
Page : 545 pages
File Size : 49,6 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.

Financial Economics of Insurance

Author : Ralph S.J. Koijen,Motohiro Yogo
Publisher : Princeton University Press
Page : 208 pages
File Size : 50,8 Mb
Release : 2023-04-04
Category : Business & Economics
ISBN : 9780691193267

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Financial Economics of Insurance by Ralph S.J. Koijen,Motohiro Yogo Pdf

An authoritative and comprehensive graduate textbook on the modern insurance sector The traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance. With the decline of private defined benefit plans and government pension plans around the world, insurers are increasingly taking on the role of insuring market risk through minimum return guarantees. Insurers also use more complex capital management tools such as derivatives, off-balance-sheet reinsurance, and securities lending. Financial Economics of Insurance provides a unified framework to study the impact of financial and regulatory frictions as well as imperfect competition on all insurer decisions. The book covers all facets of the modern insurance sector, guiding readers through its complexities with empirical facts, institutional details, and quantitative modeling. An up-to-date textbook for graduate students in economics, finance, and insurance Covers a broad range of topics, including insurance pricing, contract design, reinsurance, portfolio choice, and risk management Provides promising new directions for future research Can be taught in courses on asset pricing, corporate finance, industrial organization, and public economics An invaluable resource for policymakers seeking an empirical and institutional account of today’s insurance sector

The Economics of Insurance Regulation

Author : Nancy Sommers,Mark V. Pauly
Publisher : Springer
Page : 299 pages
File Size : 44,8 Mb
Release : 1986-09-29
Category : Business & Economics
ISBN : 9781349183975

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The Economics of Insurance Regulation by Nancy Sommers,Mark V. Pauly Pdf