Saturday 4 May 2019

The Microeconomics of Insurance

The Microeconomics of Insurance  Ray Rees, Achim Wambach

In this relatively short survey, the authors present the core elements of the microeconomic analysis of insurance markets at a level suitable for senior undergraduate and graduate economics students. The aim of this analysis is to understand how insurance markets work, what their fundamental economic functions are, and how efficiently they may be expected to carry these out.

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