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Insurance Economics

Jazyk AngličtinaAngličtina
Kniha Pevná
Kniha Insurance Economics David L. Eckles
Libristo kód: 37260166
Nakladateľstvo Springer Nature Switzerland AG, október 2021
Insurance Economics brings together the economic analysis of decision making under risk, risk manage... Celý popis
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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.

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