Insurance and behavioral economics : improving decisions in the most misunderstood industry / / Howard C. Kunreuther, Mark V. Pauly, Stacey McMorrow.
"This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"--
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| Year of Publication: | 2013 |
| Language: | English |
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| Physical Description: | xii, 329 p. :; ill. |
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Table of Contents:
- Machine generated contents note: 1. Purposes of this book; 2. An introduction to insurance in practice and theory; 3. Anomalies and rumors of anomalies; 4. Behavior consistent with benchmark models; 5. Real world complications; 6. Why people do or do not demand insurance; 7. Demand anomalies; 8. Descriptive models of insurance supply; 9. Anomalies on the supply side; 10. Design principles for insurance; 11. Strategies for dealing with insurance-related anomalies; 12. Innovations in insurance markets through multi-year contracts; 13. Publicly-provided social insurance.