Risk, Information and Insurance Essays in the Memory of Karl H. Borch
Orio Giarini The "Geneva Association" (International Association for the Study of Risk and Insurance Economics) was founded in 1973. The main goal was to stimulate and organize objective research in the field of risk, uncertainty, and insurance, in a world in which such issues were clearly...
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| Format: | eBook |
| Language: | English |
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Dordrecht
Springer Netherlands
1991, 1991
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| Edition: | 1st ed. 1991 |
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| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- 1 Introduction
- 2 Borch’s Theorem: A historical survey of applications
- I: Economics of Uncertainty
- 3 The role of securities and labor contracts in the optimal allocation of risk-bearing
- 4 Proportional risk aversion and saving decisions under uncertainty
- II: Economics of Information
- 5 The welfare economics of moral hazard
- 6 Problems of equilibria in insurance markets with asymmetric information
- 7 Moral hazard and insurance market structure
- 8 The effects of organizational form on capital structure: The case of stock and mutual property-liability insurance firms
- III: Economics of Insurance
- 9 Strategic growth and profit policy of insurance companies
- 10 (De)regulation of insurance markets
- 11 Price regulation and segmented insurance markets
- 12 The microstructure of the London insurance market
- 13 Do shares in other insurance companies reduce the solvency margin of an insurer?
- Author Index
- Subjetc Index