The Economics of Life Insurance
Author: Solomon Stephen Huebner
Publisher:
Published: 1927
Total Pages: 252
ISBN-13:
DOWNLOAD EBOOK →Author: Solomon Stephen Huebner
Publisher:
Published: 1927
Total Pages: 252
ISBN-13:
DOWNLOAD EBOOK →Author: Solomon Stephen Huebner
Publisher:
Published: 1939
Total Pages: 217
ISBN-13:
DOWNLOAD EBOOK →Author: Solomon Stephen Huebner
Publisher:
Published: 1941
Total Pages: 219
ISBN-13:
DOWNLOAD EBOOK →Author: Solomon Stephen Huebner
Publisher:
Published: 1940
Total Pages: 272
ISBN-13:
DOWNLOAD EBOOK →Author: Howard C. Kunreuther
Publisher: Cambridge University Press
Published: 2013-01-28
Total Pages: 343
ISBN-13: 0521845726
DOWNLOAD EBOOK →This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.
Author: K.H. Borch
Publisher: Elsevier
Published: 2014-07-14
Total Pages: 418
ISBN-13: 1483294900
DOWNLOAD EBOOK →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. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.
Author: Gary S. Becker
Publisher: McGraw Hill Professional
Published: 1997
Total Pages: 352
ISBN-13: 9780070067097
DOWNLOAD EBOOK →How real-world issues affect our everyday life
Author: Viviana A. Rotman Zelizer
Publisher: Columbia University Press
Published: 2017-08-08
Total Pages: 322
ISBN-13: 0231545428
DOWNLOAD EBOOK →Life insurance—the promise of an insurer to pay a sum upon a person's death in exchange for a regular premium—is a bizarre enterprise. How can we monetize human life? Should we? What statistics do we use, what assumptions do we make, and what behavioral factors do we consider? First published in 1979, Morals and Markets Is a pathbreaking study exploring the development of life insurance in the United States. Viviana A. Rotman Zelizer combines economic history and a sociological perspective to advance a novel interpretation of the life insurance industry. The book pioneered a cultural approach to the analysis of morally controversial markets. Zelizer begins in the mid-nineteenth century with the rise of the life insurance industry, a contentious chapter in the history of American business. Life insurance was stigmatized at first, denounced in newspapers and condemned by religious leaders as an immoral and sacrilegious gamble on human life. Over time, the business became a widely praised arrangement to secure a family's future. How did life insurance overcome cultural barriers? As Zelizer shows, the evolution of the industry in the United States matched evolving attitudes toward death, money, family relations, property, and personal legacy.
Author: Sharon Ann Murphy
Publisher: Johns Hopkins University Press+ORM
Published: 2010-10-01
Total Pages: 411
ISBN-13: 0801899478
DOWNLOAD EBOOK →A study of the early years of the life insurance industry in 19th century America. Investing in Life considers the creation and expansion of the American life insurance industry from its early origins in the 1810s through the 1860s and examines how its growth paralleled and influenced the emergence of the middle class. Using the economic instability of the period as her backdrop, Sharon Ann Murphy also analyzes changing roles for women; the attempts to adapt slavery to an urban, industrialized setting; the rise of statistical thinking; and efforts to regulate the business environment. Her research directly challenges the conclusions of previous scholars who have dismissed the importance of the earliest industry innovators while exaggerating clerical opposition to life insurance. Murphy examines insurance as both a business and a social phenomenon. She looks at how insurance companies positioned themselves within the marketplace, calculated risks associated with disease, intemperance, occupational hazard, and war, and battled fraud, murder, and suicide. She also discusses the role of consumers?their reasons for purchasing life insurance, their perceptions of the industry, and how their desires and demands shaped the ultimate product. Winner, Hagley Prize in Business History, Hagley Museum and Library and the Business History Conference Praise for Investing in Life “A well-written, well-argued book that makes a number of important contributions to the history of business and capitalism in antebellum America.” —Sean H. Vanatta, Common Place “An intriguing, instructive history of the establishment and development of the life insurance industry that reveals a good deal about changing social and commercial conditions in antebellum America . . . Highly recommended.” —Choice
Author: Peter Zweifel
Publisher: Springer Science & Business Media
Published: 2012-02-24
Total Pages: 461
ISBN-13: 364220547X
DOWNLOAD EBOOK →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.