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Insurance Economics: Springer Texts in Business and Economics

Autor Peter Zweifel, Roland Eisen
en Limba Engleză Paperback – 12 apr 2014
"Winner of the 2014 Kulp-Wright Book Award Presented by the American Risk and Insurance Association".
More information can be found here:

http://www.aria.org/awards/bookawards.htm 
Insurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance by 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. Appropriete 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 argument are not only stated but confronted with empirical evidence. Throughout the book, conclusions summarize results, helping readers to check their knowledge and understanding. Issues discussed include paradoxa in decision making under risk, selection of favorable risks by insurers, the possibility of a "death spiral" in insurance markets, and future challenges such as re-regulation in the wake of the 2007-09 financial crisis and the increasing availability of generic information.
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Specificații

ISBN-13: 9783642439223
ISBN-10: 3642439225
Pagini: 468
Dimensiuni: 155 x 235 x 25 mm
Greutate: 0.65 kg
Ediția:2012
Editura: Springer Berlin, Heidelberg
Colecția Springer
Seria Springer Texts in Business and Economics

Locul publicării:Berlin, Heidelberg, Germany

Public țintă

Upper undergraduate

Cuprins

Introduction: Insurance and its Economic Role.- Risk: Measurement, Perception, and Management.-   Insurance Demand I: Decisions under Risk without Diversification Possibilities.-  Insurance Demand II: Decisions under Risk with Diversification Possibilities.-   The Insurance Company and its Insurance Technology.-  The Supply of Insurance.-  Insurance Markets and Asymmetric Information.- Regulation of Insurance.- Social Insurance.-  Challenges Confronting Insurance.
 

Notă biografică

A Swiss native born in 1946,Peter Zweifelis a Professor of Economics at the University of Zurich at the Socioeconomic Institute. Together with Friedrich Breyer and Matthias Kifmann, he is the author of “Health Economics” (2nd. ed., Springer, 2009); other texts (“An Economic Model of Physician Behavior”, “Insurance Economics”, “International Economics”, “Energy Economics”) are available in German only. His work has been published by the Am. Ec. Rev., Antitrust Bull., Eur. Econ. Rev., Health Econ. ,  J. Health Ec., J. Risk & Ins., J. Risk & Unc., Public Choice, among others. Together with Mark Pauly  of the University of Pennsylvania, he is the founding editor of the International Journal of Health Finance and Economics (Kluwer). From 1996 to 2005, he has also served as a member of the Competition Commission, the Swiss antitrust authority.

Roland Eisen born 1941 in Stuttgart (Germany), studied Economics in particular at the LMU in Munich, got his Dr. degree there in 1971 with a thesis about "Economic Growth and Technical Progress", wrote his second thesis about "Insurance Equilibrium" in 1977 (published 1979). He served for 13 years as a research assistant at the Institut of Insurance Economics at Munich's LMU. After appointments at the University of Bamberg and at the Technical University Munich-Weihenstephan he was appointed as full professor at the Goethe University Frankfurt am Main.His research fields are insurance economics, labour economics, economics of social policy, health economics (in particular long term care), as well as macroeconomics.






Textul de pe ultima copertă

Insurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance by 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 argument are not only stated but confronted with empirical evidence. Throughout the book, conclusions summarize results, helping readers to check their knowledge and understanding. Issues discussed include paradoxa in decision making under risk, selection of favorable risks by insurers, the possibility of a "death spiral" in insurance markets, and future challenges such as re-regulation in the wake of the 2007-09 financial crisis and the increasing availability of genetic information.

Caracteristici

Brings together insurance topics that nowhere else are covered in a single volume
Shows where private insurance has a competitive edge over social insurance and where it does not
Throughout the text, conclusions condense arguments and findings, both for learning and future reference