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Financial Economics of Insurance
Product Details 基本信息 ISBN-13 书号 9780691193267 Format 版本 精装 Pages Number 页数 208页 Publication Date 出版日期 2023-04-04 Language 语种 其它(含多语) Book Contents 内容简介 An authoritative and comprehensive graduate textbook on the modern insurance sector The traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance. With the decline of private defined benefit plans and government pension plans around the world, insurers are increasingly taking on the role of insuring market risk through minimum return guarantees. Insurers also use more complex capital management tools such as derivatives, off-balance-sheet reinsurance, and securities lending. Financial Economics of Insurance provides a unified framework to study the impact of financial and regulatory frictions as well as imperfect competition on all insurer decisions. The boo
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Product Details 基本信息 ISBN-13 书号 9780262046848 Author 作者 MELE Format 版本 精装 Pages Number 页数 1288页 Publisher 出版社 The MIT Press Publication Date 出版日期 2022-07-26 Language 语种 其它(含多语) Book Contents 内容简介 This volume offers a comprehensive, integrated treatment of financial economics, tracking the major milestones in the field and providing methodological tools. Doing so, it balances theoretical explanations, empirical evidence, and practical relevance. It illustrates nearly a century of theoretical advances with a vast array of models, showing how real phenomena (and, at times, market practice) have helped economists reformulate existing theories. Throughout, the book offers examples and solved problems that help readers understand the main lessons conveyed by the models analyzed. The book provides a unique and authoritative reference for the field of financial economics.Pa
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英文原版 Financial Economics of Insurance 保险金融经济学 芝加哥大学布斯商学院教授Ra
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