Loss Coverage: Why Insurance Works Better With Some Adverse Selection - Softcover

Thomas, Guy

9781107495906: Loss Coverage: Why Insurance Works Better With Some Adverse Selection

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ISBN 10: 1107495903 ISBN 13: 9781107495906

Verlag: Cambridge University Press, 2017

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This book argues that, contrary to received wisdom, some adverse selection in insurance markets is beneficial to society as a whole.

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�ber die Autorin bzw. den Autor

Guy Thomas is an actuary and investor, and an honorary lecturer at the University of Kent, Canterbury. His academic publications have received prizes from the Institute and Faculty of Actuaries and the International Actuarial Association. He is also the author of Free Capital: How Twelve Private Investors Made Millions in the Stock Market.

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Verlag: Cambridge University Press
Erscheinungsdatum: 2017
Sprache: Englisch
ISBN 10: 1107495903
ISBN 13: 9781107495906
Einband: Taschenbuch
Anzahl der Seiten: 284
Kontakt zum Hersteller: Nicht verf�gbar
Verantwortliche Person: Avery
https://www.avery.fr/

chemin des peupliers 27
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9781107100336: Loss Coverage: Why Insurance Works Better with Some Adverse Selection

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ISBN 10: 110710033X ISBN 13: 9781107100336
Verlag: Cambridge University Press, 2017
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Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Guy Thomas (University of Kent, Canterbury)

Verlag: Cambridge University Press, United Kingdom, Cambridge, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

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Paperback. Zustand: Fine. Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals. Bestandsnummer des Verk�ufers GOR012191658

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Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Thomas, Guy

Verlag: Cambridge University Press, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

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Paperback. Zustand: Very Good. In stock ready to dispatch from the UK. Bestandsnummer des Verk�ufers mon0000253891

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Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Thomas, Guy

Verlag: Cambridge University Press, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

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Paperback. Zustand: Used; Very Good. ***Simply Brit*** Welcome to our online used book store, where affordability meets great quality. Dive into a world of captivating reads without breaking the bank. We take pride in offering a wide selection of used books, from classics to hidden gems, ensuring there is something for every literary palate. All orders are shipped within 24 hours and our lightning fast-delivery within 48 hours coupled with our prompt customer service ensures a smooth journey from ordering to delivery. Discover the joy of reading with us, your trusted source for affordable books that do not compromise on quality. Bestandsnummer des Verk�ufers 4367401

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Loss Coverage (Paperback)

Guy Thomas

Verlag: Cambridge University Press, Cambridge, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

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Paperback. Zustand: new. Paperback. Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals. A novel book that argues that, contrary to received wisdom, some adverse selection in insurance markets is beneficial to society as a whole. It is for all those interested in public policy arguments about insurance and discrimination: policymakers, academics, actuaries, underwriters, disability activists, geneticists and other medical professionals. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verk�ufers 9781107495906

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