Economic Analysis of the Pricing of Insurance Products

Author: Zhu Xiangjun
Publisher:
Publish Date: 2004-06-01
Features: Series on Research of Hot Issues in Chinese Insurance. This book systematically and comprehensively analyzes and elaborates on the formation process and of insurance product prices in the insurance market from an economic perspective. Based on Marxist political economy and drawing on the analytical methods of Western economics, it establishes economic mathematical models to derive the equilibrium market prices of insurance products under different conditions such as risk attitudes, supply and demand relationships, market structures, vertical market relationships, information conditions, behavioral patterns, and price controls. The research findings not only contribute to the refinement and development of insurance theory, representing cutting-edge issues in current insurance theory with strong theoretical significance, but also address hot topics in insurance practice, offering positive practical implications. This book is suitable for students and faculty in university insurance programs as an academic study reference, can serve as a decision-making basis for insurance practitioners in pricing, and can also provide a reference for insurance regulatory agencies in formulating insurance policies.