Theory of Insurance and Gambling

Theory of Insurance and Gambling

Replacing Risk Preferences with Quid pro Quo

Nyman, John A.

Oxford University Press Inc

03/2024

272

Dura

Inglês

9780197687925

15 a 20 dias

Descrição não disponível.
Preface

1. Introduction
2. Demand for Insurance: Preference for Certainty or Desire for Additional Income
3. Demand for Gambling: Preference for Risk or Desire for Work-free Income
4. Insurance and Gambling Supply
5. Evidence on Risk Preferences and the Role of Prospect Theory in Insurance
6. The Role of Loss Aversion in Insurance
7. Empirical Evidence for Gambling
8. Price and Income Effects in Insurance
9. The Insurance-purchasing Gambler
10. Conclusions

References
Index
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