Insurance and Risk Management

Insurance and Risk Management

Elgar Research Reviews in Economics

Gregory R. Niehaus

There is a broad range of literature on the economics of insurance and risk management. This timely publication assesses recent theoretical contributions to the economics of insurance and presents empirical tests and applications of the theory to many different insurance markets. It also offers important insights into the factors influencing corporate risk management decisions, and the theoretical underpinnings for why corporations with well-diversified shareholders would reduce risk.

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