Summary |
Risk, Information and Insurance brings together essays on one of the most stimulating and productive research fields in modern economics: the effects of uncertainty in economic life. The focus is more specifically on the positive and normative issues raised by the financial transfers of risks among market participants. Optimal risk-sharing, incomplete information and regulation of insurance markets are recurrent themes throughout the book.
This volume reflects the state of the art and current orientations in fundamental research. It provides new perspectives for strategic decision-making in insurance companies and for regulation of risk-transfer mechanism; it serves as a key reference for policy-makers and insurance executives, as well as for students and researchers in economics and finance.
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