Microeconomics of Insurance (Foundations and Trends (R) in Microeconomics)

by Ray Rees and Achim Wambach

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The Microeconomics of Insurance presents the core elements of the microeconomic analysis of insurance markets. The aim of this analysis is to understand how insurance markets work, their fundamental economic functions, and how efficiently insurance markets perform.

Topics include the variables influencing the demand for insurance, the supply of insurance, premium setting, regulation of insurance markets, adverse selection and moral hazard. It is presented in a straightforward manner such that it is accessible to senior undergraduate and graduate economics students, insurance professionals, and researchers.
  • ISBN13 9781601981080
  • Publish Date 12 February 2008
  • Publish Status Active
  • Publish Country US
  • Imprint now publishers Inc