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Insurance and Behavioral Economics

Howard C. Kunreuther, Mark V. Pauly, Stacey McMorrow




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 | #509920 in eBooks |  2013-01-31 |  2012-12-16 | File type: PDF

||0 of 0 people found the following review helpful.| Not much original content|By FB|A pretty basic review of the fundamental of insurance economics, with a rather light literature review. A timesaver if you need the bibliography, but don't expect any bleeding edge discussion.|0 of 0 people found the following review helpful.| Numbers?|By QuiteEconSavvy|Authors speak of a lack of| |"For too many people insurance is a mystery not worth solving. The authors of Insurance and Behavioral Economics shed valuable light on insurance products and providers in an insightful examination for the benefit of consumers, analysts, and students of the bu

This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory. Where actual choices stray from predictions, the behavior is considered to be anomalous. Howard C. Kunreuther, Mark Pauly and Stacey McMorrow attempt to understand why these anomalies occur, in many cases using insights fr...

You can specify the type of files you want, for your device.Insurance and Behavioral Economics   |  Howard C. Kunreuther, Mark V. Pauly, Stacey McMorrow. A good, fresh read, highly recommended.

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