Titlebook: Insurance Economics; Peter Zweifel,Roland Eisen,David L. Eckles Textbook 2021Latest edition The Editor(s) (if applicable) and The Author(s

前兆

巨硕

nitiatives that are affecting industry today.Considers the r.This book provides a critical examination of contemporary approaches to environmental regulation in the UK and the European Union. It also explores how regulation has evolved in response to a number of factors, including industrial develop

Incorruptible

Introduction: Insurance and Its Economic Role,ties depend on uncertain and unknown circumstances beyond the control of a single individual. Unambiguous, deterministic cause–effect relationships are replaced by ambiguity in the perception of the economic environment. With respect to the future, uncertainty looms even larger. However, it is possi

tariff

Adrenal-Glands

Insurance Demand II: Nontraditional Approaches to Decisions Under Risk,der risk and of insurance demand in particular, which constitutes the traditional approach. However, mainly in response to the observed behavior that is found at odds with expected utility (EU), a number of nontraditional approaches have been developed.

Spongy-Bone

珍奇

The Insurance Company and Its Insurance Technology, been depicted as passive, its activity limited to charging a (fair) premium. However, an IC pursues objectives and has a host of instruments at its disposal for reaching them. The set of these instruments will be called insurance technology; it ranges from the design of products (for instance, excl

Infuriate

cortisol

Insurance Markets and Asymmetric Information,stributed in an unequal way between the insurance company (IC) and the buyer of insurance (IB). Whereas in the markets for personal services, it is the consumer who is thought to suffer from a lack of information (patients vis-à-vis physicians, for example), it is usually the supplier in the case of

增减字母法

Regulation of Insurance,ments proffered for justifying this regulation are reviewed in Sect. ., which also introduces the distinction between two types of insurance regulation. Section . outlines three theories of regulation designed to explain the changing intensity of insurance regulation and some of its consequences. Em