Foundations of Insurance Economics
Readings in Economics and Finance
Editors: Dionne, Georges, Harrington, Scott E. (Eds.)
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- About this book
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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.
- Table of contents (34 chapters)
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An Introduction to Insurance Economics
Pages 1-48
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Choice Under Uncertainty: Problems Solved and Unsolved
Pages 49-82
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Risk Aversion in the Small and in the Large
Pages 83-98
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Increasing Risk: I. A Definition
Pages 99-117
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Aspects of Rational Insurance Purchasing
Pages 118-133
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Table of contents (34 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Foundations of Insurance Economics
- Book Subtitle
- Readings in Economics and Finance
- Editors
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- Georges Dionne
- Scott E. Harrington
- Series Title
- Huebner International Series on Risk, Insurance and Economic Security
- Series Volume
- 14
- Copyright
- 1992
- Publisher
- Springer Netherlands
- Copyright Holder
- Springer Science+Business Media B.V.
- eBook ISBN
- 978-94-015-7957-5
- DOI
- 10.1007/978-94-015-7957-5
- Hardcover ISBN
- 978-0-7923-9204-0
- Softcover ISBN
- 978-90-481-5789-1
- Series ISSN
- 0924-5014
- Edition Number
- 1
- Number of Pages
- XVI, 728
- Topics
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