Insurance Economics (Hardcover, 2nd ed. 2021)

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. This second edition has been extensively revised. Most importantly, substantial content has been added to represent the evolution of risk-related research. A new chapter, Insurance Demand II: Nontraditional Approaches, provides a timely addition in view of recent developments in risk theory and insurance. Previous discussions of Enterprise Risk Management, long-term care insurance, adverse selection, and moral hazard have all been updated. In an effort to expand the global reach of the text, evidence and research from the U.S. and China have also been added.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Classroom Companion: Economics
Release date:	October 2021
First published:	2021
Authors:	Peter Zweifel • Roland Eisen • David L. Eckles
Dimensions:	235 x 155 x 38mm (L x W x T)
Format:	Hardcover
Pages:	531
Edition:	2nd ed. 2021
ISBN-13:	978-3-03-080389-6
Categories:	Books > Business & Economics > Economics > Political economy Books > Social sciences > Sociology, social studies > Population & demography > General Books > Business & Economics > Economics > Microeconomics > General Books > Science & Mathematics > Mathematics > Optimization > Game theory Books > Business & Economics > Finance & accounting > Finance > Insurance > General Books > Money & Finance > Insurance > General Promotions
LSN:	3-03-080389-9
Barcode:	9783030803896

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