Insurance and Behavioral Economics
shared
This Book is Out of Stock!

About The Book

This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory. Where actual choices stray from predictions the behavior is considered to be anomalous. Howard C. Kunreuther Mark Pauly and Stacey McMorrow attempt to understand why these anomalies occur in many cases using insights from behavioral economics. The authors then consider if and how such behavioral anomalies could be modified to improve individual and social welfare. This book describes situations in which both public policy and the insurance industry''s collective posture need to change. This may require incentives rules and institutions to help reduce both inefficient and anomalous behavior thereby encouraging behavior that will improve individual and social welfare.
Piracy-free
Piracy-free
Assured Quality
Assured Quality
Secure Transactions
Secure Transactions
*COD & Shipping Charges may apply on certain items.
Review final details at checkout.
11084
11187
0% OFF
Hardback
Out Of Stock
All inclusive*
downArrow

Details


LOOKING TO PLACE A BULK ORDER?CLICK HERE