Economics of Insurance - Couverture rigide

Borch, K.H.; Sandmo, A.; Aase, K.K.

 
9780444873446: Economics of Insurance
Couverture rigide
ISBN 10 : 0444873449 ISBN 13 : 9780444873446
Editeur : North-Holland, 1989

Synopsis

The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries.Reinsurance is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries. Reinsurance is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information" Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
North-Holland
Date d'édition
1989
Langue
anglais
ISBN 10 
0444873449
ISBN 13 
9780444873446
Reliure
Relié
Nombre de pages
410
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9781493304929: Economics of Insurance

Edition présentée

ISBN 10 :  1493304925 ISBN 13 :  9781493304929
Editeur : North Holland, 2014
Couverture souple