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

The Economics of Risk and Insurance

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£72.12

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Hardback by S. Hun Seog

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Short Description:

Written for advanced undergraduate and master’s level courses, this book builds from a base of asymmetric information issues to discuss... Read more

    Publisher: John Wiley and Sons Ltd
    Publication Date: 19/02/2010
    ISBN13: 9781405185523, 978-1405185523
    ISBN10: 140518552X

    Number of Pages: 352

    Non Fiction , Business, Finance & Law

    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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