Insurance Economics

Author: Karl H. Borch (Norway)
Publisher:
Publish Date: 1999-01-01
Features: Systematically discusses the deepening process, theoretical exploration process, and achievements of economists from Adam Smith to the present on the understanding of insurance economic activities. This book systematically elaborates on the deepening process, theoretical exploration process, and achievements of economists from Adam Smith to the present on the understanding of insurance economic activities. Analyzes the role and position of the insurance industry in the national economy. Discusses the development overview of the global insurance market. Applies the principles and methods of microeconomics, mathematical economics, welfare economics, information economics, and game theory to conduct a comprehensive analysis of multiple aspects of the insurance industry. Based on general discussions, it provides an in-depth analysis of the behavioral characteristics of multiple parties in transactions and the optimization problems of insurance contracts in life insurance, enterprise insurance, and family insurance.