Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Langue : anglais

Edité par Cambridge University Press, United Kingdom, Cambridge, 2017

1107495903 / 9781107495906

Vendeur : WorldofBooks, Goring-By-Sea, WS, Royaume-UniWorldofBooks

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Item description from seller

Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.

N° de réf. du vendeur GOR009618356

Titre
Loss Coverage: Why Insurance Works Better With Some Adverse Selection
Auteur
Guy Thomas (University of Kent, Canterbury)
Éditeur
Cambridge University Press, United Kingdom, Cambridge
Année de publication
2017
État de l'article
Very Good
Reliure
Paperback
Langue
anglais
ISBN à 10 chiffres
1107495903
ISBN à 13 chiffres
9781107495906
Poids de l'article
408 grammes
Dimensions
152.0 x 228.0

WorldofBooks

Goring-By-Sea, WS, Royaume-Uni

Vendeur avec une évaluation de 5 étoiles

Vendeur AbeBooks depuis 16 mars 2007

Frais d'expédition de Royaume-Uni vers Etats-Unis

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