ENGLISH

The Microeconomics of Insurance

By Ray Rees , Achim Wambach

Book information

Publisher
Now Publishers Inc
Year
2008
ISBN
1601981082, 9781601981080, 9781601981097
DOI
10.1561/0700000023
Language
english
Format
PDF
Filesize
14 MB (14308038 bytes)
Series
Foundations and Trends R) in Microeconomics
Pages
180\177
Topic
Economy
Time added
2011-04-20 14:05:05

Description

The Microeconomics of Insurance presents the core elements of the microeconomic analysis of insurance markets. The aim of this analysis is to understand how insurance markets work, their fundamental economic functions, and how efficiently insurance markets perform. Topics include the variables influencing the demand for insurance, the supply of insurance, premium setting, regulation of insurance markets, adverse selection and moral hazard. It is presented in a straightforward manner such that it is accessible to senior undergraduate and graduate economics students, insurance professionals, and researchers.

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