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Books > Money & Finance > Insurance > General
Provide a short description (no more than 350 characters, about 50
words) in simple, nontechnical language that aptly expresses the
book's scope and theme. This study explores policy options based on
evidence from international experience that will help Bangladesh
improve the availability and skill-mix of its health workforce.
This policy note provides an initial assessment of Libya's labor
market and discusses policy options for promoting employability as
part of a broader jobs strategy. It is intended as a contribution
to evidence on Libya's labor market for the benefit of policy
makers, civil society and the broader international community.
Most academic and policy commentary represents adverse selection as
a severe problem in insurance, which should always be deprecated,
avoided or minimised. This book gives a contrary view. It details
the exaggeration of adverse selection in insurers' rhetoric and
insurance economics, and presents evidence that in many insurance
markets, adverse selection is weaker than most commentators
suggest. A novel arithmetical argument shows that from a public
policy perspective, 'weak' adverse selection can be a good thing.
This is because a degree of adverse selection is needed to maximise
'loss coverage', the expected fraction of the population's losses
which is compensated by insurance. This book will be valuable for
those interested in public policy arguments about insurance and
discrimination: academics (in economics, law and social policy),
policymakers, actuaries, underwriters, disability activists,
geneticists and other medical professionals.
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