Titlebook: Making Decisions About Liability And Insurance; A Special Issue of t Colin Camerer,Howard Kunreuther Book 1993 Springer Science+Business Me

爵士乐

ENNUI

Lasting

cartilage

The Risky Business of Insurance Pricing,zation, risk ambiguity lowers manual rates, which may reflect exclusion of large loss outliers as being unrepresentative. Risk ambiguity tends to have a positive effect on actual pricing decisions for particular policies, especially bodily injury lines and the interactive risk-ambiguity model.

BOLT

Jubilation

IOTA

柔软

Insurance for Low-Probability Hazards: A Bimodal Response to Unlikely Events,ent explored this bimodality at a probability of .01 with loss increased to $40. A similar bimodal distribution was obtained that persisted over 50 rounds of experience. These laboratory results are consistent with field evidence for low-probability hazards, for which people appear either to dismiss the risks or to worry too much about them.

Grasping

Intuitions about Penalties and Compensation in the Context of Tort Law,ing to consequentialist views of penalties and compensation. We suggest that people are overgeneralizing reasonable rules and that such overgeneralization may be involved in perverse effects of tort law.

成份

Insurer Ambiguity and Market Failure,ays on managerial choices. Improved risk-assessment procedures and government involvement in providing protection against catastrophic losses may induce insurers to reduce premiums and broaden available coverage.