Insurance and behavioral economics : improving decisions in the most misunderstood industry /

"This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"--

Bibliographic Details
Main Author: Kunreuther, Howard
Corporate Author: ebrary, Inc
Other Authors: Pauly, Mark V., 1941-, McMorrow, Stacey
Format: eBook
Language:English
Published: Cambridge : Cambridge University Press, 2013.
Subjects:
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Machine generated contents note: 1. Purposes of this book; 2. An introduction to insurance in practice and theory; 3. Anomalies and rumors of anomalies; 4. Behavior consistent with benchmark models; 5. Real world complications; 6. Why people do or do not demand insurance; 7. Demand anomalies; 8. Descriptive models of insurance supply; 9. Anomalies on the supply side; 10. Design principles for insurance; 11. Strategies for dealing with insurance-related anomalies; 12. Innovations in insurance markets through multi-year contracts; 13. Publicly-provided social insurance.