The Economics, Regulation, and Systemic Risk of Insurance Markets

The Economics, Regulation, and Systemic Risk of Insurance Markets PDF Author: Felix Hufeld
Publisher: Oxford University Press
ISBN: 0198788819
Category : Business & Economics
Languages : en
Pages : 247

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Book Description
The book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create.

The Economics of Property-Casualty Insurance

The Economics of Property-Casualty Insurance PDF Author: David F. Bradford
Publisher: University of Chicago Press
ISBN: 0226070328
Category : Political Science
Languages : en
Pages : 218

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Book Description
The Economics of Property-Casualty Insurance presents new research and findings on key aspects of the economics of the property-casualty insurance industry. The volume explores the industrial organization, regulation, financing, and taxation of this business. The first paper, on external financing and insurance cycles, contains a wealth of information on trends and patterns in the industry's financial structure. The last essay, which compares performance of stock and mutual insurance companies, takes a fresh look at the way a company's organizational structure affects its responses to different economic situations. Two papers focus on rate regulation in the auto insurance industry, and provide broad overviews of the structure and economics of the insurance industry as a whole. Also addressed are the system of regulating insurance companies in the United States, who insures the insurers, and the effects of tax law changes in the 1980s on the prices of insurance policies.

Insurance and Behavioral Economics

Insurance and Behavioral Economics PDF Author: Howard C. Kunreuther
Publisher: Cambridge University Press
ISBN: 0521845726
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

Insurance Economics

Insurance Economics PDF Author: Peter Zweifel
Publisher: Springer Science & Business Media
ISBN: 364220547X
Category : Business & Economics
Languages : en
Pages : 461

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Book Description
Presenting theoretical foundations and empirical research, this text introduces the reader to the core issues and analytical tools of insurance economics, examining in detail a host of key factors including supply and demand, regulation and social insurance.

Research Handbook on the Economics of Insurance Law

Research Handbook on the Economics of Insurance Law PDF Author: Daniel Schwarcz
Publisher: Edward Elgar Publishing
ISBN: 1782547142
Category : Law
Languages : en
Pages : 549

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Book Description
The fields of insurance law and insurance economics have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance e

The Oxford Handbook of Law and Economics

The Oxford Handbook of Law and Economics PDF Author: Francesco Parisi
Publisher: Oxford University Press
ISBN: 0199684200
Category : Business & Economics
Languages : en
Pages : 593

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Book Description
The Oxford Handbook of Law and Economics applies the theoretical and empirical methods of economics to the study of law. Volume 2 surveys Private and Commercial Law.

Insurance Regulation in the European Union

Insurance Regulation in the European Union PDF Author: Pierpaolo Marano
Publisher: Springer
ISBN: 3319612166
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
This book explores the profound transformation that has taken place in European insurance legislation since January 2016. Expert contributions discuss the changes that have taken place in the supervision of insurance and reinsurance undertakings through an economic risk-based approach. They outline the European insurance market before going on to show how Solvency II and Insurance Distribution Directive (IDD) are expected to generate significant benefits and have a positive impact on all parties involved in the insurance industry, the supervisory authorities and the insured. They also show how Solvency II is likely to benefit the economy as a whole, promoting more efficient allocation of capital and risk in a financial stability framework. This volume will be of interest to academics and researchers in the field of insurance regulation.

The Regulation of Entry

The Regulation of Entry PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 54

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Book Description
Simplifying entry regulation has been a popular reform since the publication of Djankov and others (2002). The inclusion of business entry indicators in the World Bank's Doing Business project has led to an acceleration in reform: in 2003-08, 193 reforms took place in 116 countries. A large academic literature has followed: 201 academic articles have used the data compiled by Djankov and others (2002) and subsequently by the World Bank. The author identifies three theories as to why some countries impose burdensome entry requirements. He also surveys the literature on the effects of making business entry easier.

Moral Hazard in Health Insurance

Moral Hazard in Health Insurance PDF Author: Amy Finkelstein
Publisher: Columbia University Press
ISBN: 0231538685
Category : Medical
Languages : en
Pages : 161

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Book Description
Addressing the challenge of covering heath care expenses—while minimizing economic risks. Moral hazard—the tendency to change behavior when the cost of that behavior will be borne by others—is a particularly tricky question when considering health care. Kenneth J. Arrow’s seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and Amy Finkelstein—recognized as one of the world’s foremost experts on the topic—here examines this issue in the context of contemporary American health care policy. Drawing on research from both the original RAND Health Insurance Experiment and her own research, including a 2008 Health Insurance Experiment in Oregon, Finkelstein presents compelling evidence that health insurance does indeed affect medical spending and encourages policy solutions that acknowledge and account for this. The volume also features commentaries and insights from other renowned economists, including an introduction by Joseph P. Newhouse that provides context for the discussion, a commentary from Jonathan Gruber that considers provider-side moral hazard, and reflections from Joseph E. Stiglitz and Kenneth J. Arrow. “Reads like a fireside chat among a group of distinguished, articulate health economists.” —Choice

Research Handbook on the Economics of Torts

Research Handbook on the Economics of Torts PDF Author: Jennifer Arlen
Publisher: Edward Elgar Publishing
ISBN: 1781006172
Category : Law
Languages : en
Pages : 668

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Book Description
Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal