Risky Business: Why Insurance Markets Fail and What to Do About It
Einav, Liran,Finkelstein, Amy,Fisman, Ray
Language: English
Published by Yale University Press, 2023
- Softcover
- Used
Seller: Midtown Scholar Bookstore, Harrisburg, PA, U.S.A.Midtown Scholar Bookstore
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Condition: Used - Good
US$ 13.75
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Add to basketItem description from seller
Good - Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name - GOOD PAPERBACK Standard-sized.
Seller Inventory # M0300274041Z3
- Title
- Risky Business: Why Insurance Markets Fail and What to Do About It
- Author
- Einav, Liran,Finkelstein, Amy,Fisman, Ray
- Publisher
- Yale University Press
- Publication year
- 2023
- Condition
- Good
- Binding
- paperback
- Language
- English
- ISBN 10
- 0300274041
- ISBN 13
- 9780300274042
“The authors . . . do a masterful job of explaining the intractable complexities created by this socially vital activity.”—Martin Wolf, Financial Times, “Best Books of 2022: Economics”
Why is dental insurance so crummy? Why is pet insurance so expensive? Why does your auto insurer ask for your credit score? The answer to these questions lies in understanding how insurance works. Unlike the market for other goods and services—for instance, a grocer who doesn’t care who buys the store’s broccoli or carrots—insurance providers are more careful in choosing their customers, because some are more expensive than others.
Unraveling the mysteries of insurance markets, Liran Einav, Amy Finkelstein, and Ray Fisman explore such issues as why insurers want to know so much about us and whether we should let them obtain this information; why insurance entrepreneurs often fail (and some tricks that may help them succeed); and whether we’d be better off with government-mandated health insurance instead of letting businesses, customers, and markets decide who gets coverage and at what price. With insurance at the center of divisive debates about privacy, equity, and the appropriate role of government, this book offers clear explanations for some of the critical business and policy issues you’ve often wondered about, as well as for others you haven’t yet considered.
"Synopsis" may belong to another edition of this title.
About the Author
Ray Fisman is the Slater Family Professor in Behavioral Economics at Boston University. His most recent book (with Liran Einav and Amy Finkelstein) is Risky Business: Why Insurance Markets Fail and What to Do About It.
"About the title" may belong to another edition of this title.
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