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Making Decisions About Liability And Insurance : A Special Issue of the Journal of Risk and Uncertainty / edited by Colin Camerer, Howard Kunreuther

データ種別 電子ブック
出版情報 Dordrecht : Springer Netherlands : Imprint: Springer , 1993
本文言語 英語
大きさ 139 p : online resource

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URL 電子ブック


EB0106418

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内容注記 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
一般注記 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 changes in tort law may be partly responsible for the second major trend known as the `liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged
著者標目 Camerer, Colin editor
Kunreuther, Howard editor
SpringerLink (Online service)
件 名 LCSH:Mathematics
LCSH:Operations research
LCSH:Decision making
LCSH:Finance
LCSH:Actuarial science
LCSH:Microeconomics
FREE:Mathematics
FREE:Actuarial Sciences
FREE:Finance, general
FREE:Operation Research/Decision Theory
FREE:Microeconomics
分 類 DC23:368.01
巻冊次 ISBN:9789401121927 REFWLINK
ISBN 9789401121927
URL http://dx.doi.org/10.1007/978-94-011-2192-7
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