The Microeconomics Of Insurance

The Microeconomics Of Insurance


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The Microeconomics Of Insurance by Ray Rees, Achim Wambach

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.

Product Details

ISBN-13: 9781601981080
Publisher: Now Publishers
Publication date: 03/03/2008
Pages: 180
Product dimensions: 6.14(w) x 9.21(h) x 0.38(d)

Table of Contents

1 Introduction. 2 The Demand for Insurance. 3 The Supply of Insurance. 4 Adverse Selection. 5 Moral Hazard. Bibliography

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