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Insurance and Behavioral Economics

- Improving Decisions in the Most Misunderstood Industry

About Insurance and Behavioral Economics

This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory and is designed to eliminate the mistrust that characterizes the insurance industry.

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  • Language:
  • English
  • ISBN:
  • 9780521608268
  • Binding:
  • Paperback
  • Pages:
  • 338
  • Published:
  • January 28, 2013
  • Dimensions:
  • 153x228x19 mm.
  • Weight:
  • 514 g.
Delivery: 1-2 weeks
Expected delivery: July 14, 2024

Description of Insurance and Behavioral Economics

This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those predicted by benchmark models of choice derived from classical economic theory and is designed to eliminate the mistrust that characterizes the insurance industry.

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