This timely research review 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 title will be of immense value and interest to students
and academics interested in the diverse field of the law and
economics of insurance.
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