Insurance and Behavioral Economics : Improving Decisions in the Most Misunderstood Industry /
"This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"--
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Main Authors: | |
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Group Author: | ; |
Published: |
Cambridge University Press,
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Publisher Address: | Cambridge : |
Publication Dates: |
2013. ⓒ2013 |
Literature type: | Book |
Language: | English |
Subjects: | |
Summary: |
"This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"-- |
Carrier Form: | xii, 329 pages : illustrations ; 24 cm |
Bibliography: | Includes bibliographical references (pages 295-307) and indexes. |
ISBN: |
9780521845724 (hbk.) 0521845726 (hbk.) 9780521608268 (pbk.) : 0521608260 (pbk.) |
Index Number: | HG8054 |
CLC: | F840 |
Call Number: | F840/K965 |
Contents: | 1. Purposes of this book -- 2. An introduction to insurance in practice and theory -- 3. Anomalies and rumors of anomalies -- 4. Behavior consistent with benchmark models -- 5. Real-world complications -- 6. Why people do or do not demand insurance -- 7. Demand anomalies -- 8. Descriptive models of insurance supply -- 9. Anomalies on the supply side -- 10. Design principles for insurance -- 11. Strategies for dealing with insurance-related anomalies -- 12. Innovations in insurance markets through multi-year contracts -- 13. Publicly-provided social insurance -- 14. Conclusions: A framework for prescriptive recommendations. |