Insurance and behavioral economics : improving decisions in the most misunderstood industry
"This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"-- Provided by publisher
| Main Authors: | , , |
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| Format: | Book |
| Language: | English |
| Published: |
Cambridge :
Cambridge University Press ,
c2013
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| Subjects: |
Table of Contents:
- 1. Purposes of this book
- 2. An introduction to insurance in practice and theory
- 3. Anomalies and rumors of anomalies
- 4. Behavior consistent with benchmark models
- 5. Real-world complications
- 6. Why people do or do not demand insurance
- 7. Demand anomalies
- 8. Descriptive models of insurance supply
- 9. Anomalies on the supply side
- 10. Design principles for insurance
- 11. Strategies for dealing with insurance-related anomalies
- 12. Innovations in insurance markets through multi-year contracts
- 13. Publicly-provided social insurance
- 14. Conclusions : A framework for prescriptive recommendations