000 03532cam a2200457Ii 4500
003 OCoLC
005 20251022160335.0
008 211008s2021 sz a ob 001 0 eng d
020 _a9783030803902
020 _a3030803902
020 _z9783030803896
020 _z9783030803926
041 1 _aEnglish
049 _aMAIN
072 7 _aBUS033000
_2bisacsh
082 0 4 _a368.01
_223
_bZWE
100 1 _aZweifel, Peter,
100 1 _eauthor.
240 1 0 _aVersicherungsökonom.
240 1 0 _lEnglish.
245 1 0 _aInsurance economics /
_cPeter Zweifel, Roland Eisen, David L. Eckles.
250 _aSecond edition.
260 _bSpringer,
_c2021.
300 _a550 pages :
_billustrations (some color).
_c6.14 x 1.12 x 9.21 inches
490 1 _aClassroom companion: economics.
504 _aIncludes bibliographical references and indexes.
505 0 _aIntroduction: Insurance and Its Economic Role -- Risks: Measurement, Perception, and Management -- Insurance Demand I: Decisions Under Risk Without Diversification Possibilities -- Insurance Demand II: Nontraditional Approaches to Decisions Under Risk -- Insurance Demand III: Decisions Under Risk with Diversification Possibilities -- The Insurance Company and Its Insurance Technology -- The Supply of Insurance -- Insurance Markets and Asymmetric Information -- Regulations of Insurance -- Social Insurance -- Challenges Confronting Insurance.
506 _aAccess restricted to subscribing institutions.
520 _aInsurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance among 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. Appropriate 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 arguments are not merely stated, but also related to empirical evidence. Throughout the book, conclusions summarize key results, helping readers to check their knowledge and comprehension. Issues discussed include paradoxes in decision making under risk and attempts at their resolution, moral hazard and adverse selection including the possibility of a "death spiral", and future challenges to both private and social insurance such as globalization and the availability of genetic information. This second edition has been extensively revised. Most importantly, substantial content has been added to represent the evolution of risk-related research. A new chapter, Insurance Demand II: Nontraditional Approaches, provides a timely addition in view of recent developments in risk theory and insurance. Previous discussions of Enterprise Risk Management, long-term care insurance, adverse selection, and moral hazard have all been updated. In an effort to expand the global reach of the text, evidence and research from the U.S. and China have also been added.
546 _aTranslated from German.
650 0 _aInsurance.
700 1 _aEisen, Roland,
700 1 _aEckles, David L.,
700 1 _d1941-
_eauthor.
700 1 _eauthor.
830 0 _aClassroom companion.
_pEconomics.
856 4 0 _uhttps://ezproxy.lib.gla.ac.uk/login?url=https://link.springer.com/10.1007/978-3-030-80390-2
856 4 0 _zConnect to resource
907 _a.b38095841
942 _2ddc
_cBOOKS
999 _c46011
_d46011