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Foundations of Insurance Economics: Readings in Economics and Finance

Foundations of Insurance Economics: Readings in Economics and Finance

Hardcover

Series: Huebner International Risk, Insurance and Economic Security, Book 14

Business GeneralEconomicsInvesting & Finance

ISBN10: 0792392043
ISBN13: 9780792392040
Publisher: Springer Nature
Published: Oct 31 1991
Pages: 728
Weight: 2.28
Height: 1.56 Width: 6.42 Depth: 9.32
Language: English
Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.

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