The Economics of Risk and Insurance

SKU: PR92764

Price:
Sale price$161.00

Description

Condition: BRAND NEW
ISBN: 9781405185523
Year: 2010
Publisher: John Wiley & Sons (UK)
Pages: 352


Description:
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

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