000			02234nam a22002417a 4500
999			_c2885 _d2885
005			20220716160242.0
008			220716b ||||| |||| 00| 0 eng d
020			_a9783030803896
082			_a368.01 _bZWE
100			_aZweifel, Peter _97656
245			_aInsurance economics
250			_a2nd
260			_bSpringer _aSwitzerland _c2021
300			_axix, 531 p.
365			_aEURO _b79.99
520			_aInsurance 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.
650			_aInsurance _97657
650			_aSocial policy _92687
650			_aInsurance companies--Finance _97658
700			_aEisen, Roland _97659
700			_aEckles, David L. _97660
942			_2ddc _cBK