书目名称 | Making Decisions About Liability And Insurance |
副标题 | A Special Issue of t |
编辑 | Colin Camerer,Howard Kunreuther |
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图书封面 |  |
描述 | Two related trends have created novel challenges for managingrisk in the United States. The first trend is a series of dramaticchanges in liability law as tort law has expanded to assign liabilityto defendants for reasons other than negligence. The unpredictabilityof future costs induced by changes in tort law may be partlyresponsible for the second major trend known as the `liability crisis‘- the disappearance of liability protection in markets forparticularly unpredictable risks..This book examines decisions people make about insurance andliability. An understanding of such decision making may help explainwhy the insurance crisis resulted from the new interpretations of tortlaw and what to do about it. The articles cover three kinds ofdecisions: consumer decisions to purchase insurance; insurer decisionsabout coverage they offer; and the decisions of the public about theliability rules they prefer, which are reflected in legislation andregulation. For each of these three kinds of decisions, normativetheories such as expected utility theory can be used as benchmarksagainst which actual decisions are judged.. |
出版日期 | Book 1993 |
关键词 | calculus; decision making; linear optimization; utility; utility theory |
版次 | 1 |
doi | https://doi.org/10.1007/978-94-011-2192-7 |
isbn_softcover | 978-94-010-4971-9 |
isbn_ebook | 978-94-011-2192-7 |
copyright | Springer Science+Business Media Dordrecht 1993 |