In this relatively short survey, we present the core elements of the microeconomic analysis of insurance markets at a level suitable for senior undergraduate an

Considerable evidence suggests that many people for whom insurance is worth purchasing do not have coverage and others who appear not to need financial protecti

Presenting theoretical foundations and empirical research, this text introduces the reader to the core issues and analytical tools of insurance economics, exami

Written for advanced undergraduate and master’s level courses, this book builds from a base of asymmetric information issues to discuss a wide array of topics

Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this vo