Skip to content

Economics of Insurance

Spend $50 to get a free movie!

ISBN-10: 1483294900

ISBN-13: 9781483294902

Edition: 1990

Authors: K. H. Borch, A. Sandmo, K. K. Aase

List price: $72.95
Blue ribbon 30 day, 100% satisfaction guarantee!
Out of stock
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!


The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries.Reinsurance is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters.…    
Customers also bought

Book details

List price: $72.95
Copyright year: 1990
Publisher: Elsevier Science & Technology Books
Publication date: 7/14/2014
Binding: E-Book 
Pages: 410
Language: English