Introduction to Insurance Economics

Author: Zhang Qinghong
Publisher:
Publish Date: 2004-08-01
Features: This book consists of eleven chapters. The first chapter has the nature of an introduction; the second chapter explores the essence of insurance from the perspective of contracts; chapters three and four are essentially a foundation, describing the characteristics of economic behavior of people in an uncertain economic environment; chapters five and six discuss insurance demand; chapter seven discusses the principles of insurance pricing and the optimal contract; chapters eight and nine, based on the knowledge of game theory, discuss the problems of adverse selection and moral hazard in insurance; the tenth chapter discusses the topic most concerned by Professor Borch, one of the founders of insurance economics: reinsurance; the last chapter briefly explores the economic organizational forms and investment behavior of insurance enterprises.