Items related to The Economics of Risk and Insurance

The Economics of Risk and Insurance - Hardcover

Seog, S. Hun

 
9781405185523: The Economics of Risk and Insurance
Hardcover
ISBN 10: 140518552X ISBN 13: 9781405185523
Publisher: *Wiley-Blackwell, 2010

Synopsis

Written 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.

  • Covers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance
  • Provides a clear exposition of the necessary mathematics, a feature which cannot be found in readers on the topic
  • Utilizes an undergraduate economics major level of math
  • Uses the simplest economic models possible to keep the text intuitive
  • Introduces more mathematically complex techniques such as basic optimization for students wishing to 'go further' in their analysis

"synopsis" may belong to another edition of this title.

About the Author

S. Hun Seog is Professor of Finance and Insurance at the Graduate School of Business, Seoul National University. He received his PhD in Risk and Insurance from the Wharton School. His research areas include the economics of risk and insurance, corporate finance, and their applications. His academic papers have been published in Journal of Risk and Insurance, Geneva Papers on Risk and Insurance Theory, Asia-Pacific Journal of Risk and Insurance, International Economic Review, Marketing Science, and European Journal of Operational Research.

From the Back Cover

The Economics of Risk and Insurance covers diverse issues such as risk aversion, expected utility, and information asymmetry within the pure theory of insurance. It then expands upon this framework to include crucial applied issues such as insurer’s organization, marketing channels, and insurance fraud, summarizing the important results in relevant literature. By keeping the level of math used in the analyses at the undergraduate economics-major level, and by providing proofs with fully explicated results, Seog has written a text that is highly intuitive to students.

From the Inside Flap

The Economics of Risk and Insurance covers diverse issues such as risk aversion, expected utility, and information asymmetry within the pure theory of insurance. It then expands upon this framework to include crucial applied issues such as insurer’s organization, marketing channels, and insurance fraud, summarizing the important results in relevant literature. By keeping the level of math used in the analyses at the undergraduate economics-major level, and by providing proofs with fully explicated results, Seog has written a text that is highly intuitive to students.

"About this title" may belong to another edition of this title.

Publisher
*Wiley-Blackwell
Publication date
2010
Language
English
ISBN 10 
140518552X
ISBN 13 
9781405185523
Binding
Hardcover
Edition number
1
Number of pages
352