Overview
- Editors:
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Georges Dionne
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Université de Montréal, Canada
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Scott E. Harrington
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University of South Carolina, USA
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Table of contents (34 chapters)
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Adverse Selection
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- Russell Cooper, Beth Hayes
Pages 386-406
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- Howard Kunreuther, Mark Pauly
Pages 424-443
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- Keith J. Crocker, Arthur Snow
Pages 444-467
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Market Structure and Organization Form
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- J. David Cummins, Jack VanDerhei
Pages 521-531
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- David Mayers, Clifford W. Smith Jr.
Pages 532-559
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Insurance Pricing
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- Nahum Biger, Yehuda Kahane
Pages 560-571
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- Neil A. Doherty, James R. Garven
Pages 572-591
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- J. David Cummins, J. François Outreville
Pages 609-625
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Insurance Regulation
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- Jörg Finsinger, Mark Pauly
Pages 685-704
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- Patricia Munch, Dennis E. Smallwood
Pages 705-723
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About this book
Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.
Editors and Affiliations
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Université de Montréal, Canada
Georges Dionne
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University of South Carolina, USA
Scott E. Harrington