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
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
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