{"product_id":"the-economics-of-risk-and-insurance-hardback-9781405185523","title":"The Economics of Risk and Insurance (Hardback) 9781405185523","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Economics of Risk and Insurance\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\"Seog’s book provides a nice primer on the theoretical portion of insurance economics while linking to the empirical studies in the field. Its solid list of reference for further reading for each topic will help students as they move through their course of study and develop their own research stream. A great reference for any doctoral student in the area.\"\u003cbr\u003e —\u003cb\u003eKathleen A. McCullough\u003c\/b\u003e, Florida State University  \u003cp\u003e\"The more I read this book, the more I like it. It provides theoretical analyses for a complete set of insurance topics, and is easy to read even though the concepts are complex. Every insurance Ph.D. student needs to read this book.\"\u003cbr\u003e —\u003cb\u003eGene C. Lai\u003c\/b\u003e, Washington State University\u003c\/p\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eS. Hun Seog (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781405185523, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 19 February 2010\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e352 pages\u003cbr\u003e22.6 x 15.9 x 3 cm, 0.658 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eWritten for advanced undergraduate and master’s level courses, this book builds from a base of asymmetric information issues to discuss a wide array of topics and is illustrated with some timely examples.  \u003cul\u003e \u003cli\u003eCovers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance\u003c\/li\u003e \u003cli\u003eProvides a clear exposition of the necessary mathematics, a feature which cannot be found in readers on the topic\u003c\/li\u003e \u003cli\u003eUtilizes an undergraduate economics major level of math\u003c\/li\u003e \u003cli\u003eUses the simplest economic models possible to keep the text intuitive\u003c\/li\u003e \u003cli\u003eIntroduces more mathematically complex techniques such as basic optimization for students wishing to 'go further' in their analysis\u003c\/li\u003e \u003c\/ul\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e0. Introduction.  \u003cp\u003e\u003cb\u003ePart I: Fundamentals of Insurance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1. Risk and Expected Utility.\u003c\/p\u003e \u003cp\u003e2. Risk Aversion and Riskiness.\u003c\/p\u003e \u003cp\u003e3. Principles of Insurance: Risk Sharing and Transfer.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Demand for Insurance and Insurance Contract.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4. Risk Aversion and Insurance.\u003c\/p\u003e \u003cp\u003e5. Corporate Insurance and Risk Management.\u003c\/p\u003e \u003cp\u003e6. Liability and Insurance.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Information and Insurance Contract.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7. Basic Adverse Selection Models.\u003c\/p\u003e \u003cp\u003e8. Advanced Topics in Adverse Selection.\u003c\/p\u003e \u003cp\u003e9. Moral Hazard.\u003c\/p\u003e \u003cp\u003e10. Ex Post Moral Hazard and Fraud.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: Insurance Market.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11. Insurer Organization.\u003c\/p\u003e \u003cp\u003e12. Competition in the Insurance Market.\u003c\/p\u003e \u003cp\u003e13. Insurance Cycle and Capacity.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V: Insurer Management.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14. Insurance Distribution Systems.\u003c\/p\u003e \u003cp\u003e15. Insurance Pricing.\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Brand New","offer_id":52437791736088,"sku":"9781405185523","price":52.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781405185523.jpg?v=1784940770","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-economics-of-risk-and-insurance-hardback-9781405185523","provider":"Freshly Printed Books","version":"1.0","type":"link"}