The Economics Of Risk And Insurance
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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

Hardcover: 352 pages

Publisher: Wiley-Blackwell; 1 edition (March 15, 2010)

Language: English

ISBN-10: 140518552X

ISBN-13: 978-1405185523

Product Dimensions: 6.5 x 1.3 x 9.3 inches

Shipping Weight: 1.4 pounds (View shipping rates and policies)

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Best Sellers Rank: #1,847,180 in Books (See Top 100 in Books) #641 in Books > Business & Money > Insurance > Risk Management #11864 in Books > Textbooks > Business & Finance > Economics #34423 in Books > Business & Money > Economics

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