The economics of risk and insurance
This book covers diverse issues such as risk aversion, expected utility, and moral hazard within the pure theory of insurance provides an exposition of the necessary mathematics, it utilizes an undergraduate economics major level of math , uses the simplest economic models possible to keep the text intuitive and introduces more mathematically complex techniques such as basic optimization for students wishing to go further in their analysis
印刷版图书, English, 2010
Wiley-Blackwell, Chichester, West Sussex, U.K., 2010