Authors:
- 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
Part of the book series: Springer Texts in Business and Economics (STBE)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
About this book
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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.
Authors and Affiliations
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, Department of Economics, University of Zurich, Zurich, Switzerland
Peter Zweifel
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Munich, Germany
Roland Eisen
About the authors
A Swiss native born in 1946, Peter Zweifel is 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.
Bibliographic Information
Book Title: Insurance Economics
Authors: Peter Zweifel, Roland Eisen
Series Title: Springer Texts in Business and Economics
DOI: https://doi.org/10.1007/978-3-642-20548-4
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2012
Hardcover ISBN: 978-3-642-20547-7Published: 25 February 2012
eBook ISBN: 978-3-642-20548-4Published: 24 February 2012
Series ISSN: 2192-4333
Series E-ISSN: 2192-4341
Edition Number: 1
Number of Pages: XVI, 452
Additional Information: Original German edition published with title "Versicherungsökonomie".
Topics: Insurance, Microeconomics, Finance, general, Social Policy, Game Theory, Economics, Social and Behav. Sciences, Demography