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The Economics of Risk and Insurance

ISBN: 978-1-4051-8552-3
Hardcover
352 pages
March 2010, Wiley-Blackwell
List Price: US $82.95
Government Price: US $49.24
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The Economics of Risk and Insurance (140518552X) cover image

0. Introduction.

Part I: Fundamentals of Insurance.

1. Risk and Expected Utility.

2. Risk Aversion and Riskiness.

3. Principles of Insurance: Risk Sharing and Transfer.

Part II: Demand for Insurance and Insurance Contract.

4. Risk Aversion and Insurance.

5. Corporate Insurance and Risk Management.

6. Liability and Insurance.

Part III: Information and Insurance Contract.

7. Basic Adverse Selection Models.

8. Advanced Topics in Adverse Selection.

9. Moral Hazard.

10. Ex Post Moral Hazard and Fraud.

Part IV: Insurance Market.

11. Insurer Organization.

12. Competition in the Insurance Market.

13. Insurance Cycle and Capacity.

Part V: Insurer Management.

14. Insurance Distribution Systems.

15. Insurance Pricing.

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