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Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty

Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by chan...

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Bibliographic Details
Other Authors: Camerer, Colin F. (Editor), Kunreuther, Howard (Editor)
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 1993, 1993
Edition:1st ed. 1993
Subjects:
Microeconomics
Finance
Operations Research
Actuarial Science
Financial Economics
Actuarial Mathematics
Operations Research And Decision Theory
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • Making Decisions about Liability and Insurance: Editors’ Comments
  • Intuitions about Penalties and Compensation in the Context of Tort Law
  • Framing, Probability Distortions, and Insurance Decisions
  • Transaction Analysis: A Framework and an Application to Insurance Decisions
  • Insurer Ambiguity and Market Failure
  • Ambiguity and Risk Taking in Organizations
  • Insurance for Low-Probability Hazards: A Bimodal Response to Unlikely Events
  • The Risky Business of Insurance Pricing

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