Contributions to Insurance Economics /

This book offers a basic reference, new material and teaching supplements to graduate students and researchers in economics, finance and insurance. The book is divided into two main parts. Part I contains six survey articles on different subjects that represent significant developments over the past...

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Bibliographic Details
Main Author: Dionne, Georges
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Dordrecht : Springer Netherlands, 1992.
Series:Huebner international series on risk, insurance, and economic security ; 13.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This book offers a basic reference, new material and teaching supplements to graduate students and researchers in economics, finance and insurance. The book is divided into two main parts. Part I contains six survey articles on different subjects that represent significant developments over the past years: optimality of insurance contracting, liability insurance, moral hazard, adverse selection, insurance pricing and econometric estimation of accident distributions. Part 2 extends the recent literature by presenting fourteen essays on different subjects of current research in: (a) the theory of insurance economics covering nonlinear expected utility, prudence, deviant beliefs, incomplete markets, increases in risk, ambiguity; (b) problems of information including moral hazard and competitive markets, adverse selection and probationary periods, incomplete information and risk categorization; and (c) empirical studies on workers' compensation, adverse selection and the effects of no-fault in automobile insurance. Each paper is presented with an abstract and keywords, and can be read independently of the other contributions in the volume.
Item Description:Electronic resource.
Physical Description:1 online resource (xix, 524 pages)
ISBN:9789401711685 (electronic bk.)
9401711682 (electronic bk.)
ISSN:0924-5014 ;