Insurance Decision-making and Market Behavior PDF
By:Howard Kunreuther,Mark V. Pauly
Published on 2006 by Now Publishers Inc
Considerable evidence suggests that many people for whom insurance is worth purchasing do not have coverage and others who appear not to need financial protection against certain events actually have purchased coverage. There are certain types of events for which one might expect to see insurance widely marketed are now viewed today by insurers as uninsurable and there are other policies one might not expect to be successfully marketed that exist on a relatively large scale. In addition, evidence suggests that cost-effective preventive measures are sometimes rewarded by insurers in ways that could change their clients' behavior. These examples reveal that insurance purchasing and marketing activities do not always produce results that are in the best interest of individuals at risk. Insurance Decision Making and Market Behavior discusses such behavior with the intent of categorizing these insurance |anomalies.| It represents a first step in constructing a theory of insurance decision making to explain behavior that does not conform to standard economic models of choice and decision-making. Finally, the authors propose a set of prescriptive solutions for improving insurance decision-making.
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Book ID of Insurance Decision-making and Market Behavior's Books is jsWVHGwKgc8C, Book which was written byHoward Kunreuther,Mark V. Paulyhave ETAG "OSRn7ks7bsM"
Book which was published by Now Publishers Inc since 2006 have ISBNs, ISBN 13 Code is 9781933019253 and ISBN 10 Code is 1933019255
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Book which have "68 Pages" is Printed at BOOK under CategoryBusiness and Economics
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