Making Decisions About Liability And Insurance: A Special Issue of the Journal of Risk and Uncertainty
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1993
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Beschreibung: | Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the 'liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged |
| Beschreibung: | 1 Online-Ressource (139 p) |
| ISBN: | 9789401121927 9789401049719 |
| DOI: | 10.1007/978-94-011-2192-7 |
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| 500 | |a Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the 'liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged | ||
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| 650 | 4 | |a Operation Research/Decision Theory | |
| 650 | 4 | |a Mathematik | |
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Datensatz im Suchindex
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| ctrlnum | (OCoLC)863716391 (DE-599)BVBBV042423880 |
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| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 368 - Insurance |
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| dewey-search | 368.01 |
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| dewey-tens | 360 - Social problems and services; associations |
| discipline | Mathematik Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-94-011-2192-7 |
| format | Electronic eBook |
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| id | DE-604.BV042423880 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T01:21:14Z |
| institution | BVB |
| isbn | 9789401121927 9789401049719 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027859297 |
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| physical | 1 Online-Ressource (139 p) |
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| publishDate | 1993 |
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| publisher | Springer Netherlands |
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| spelling | Camerer, Colin Verfasser aut Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty edited by Colin Camerer, Howard Kunreuther Dordrecht Springer Netherlands 1993 1 Online-Ressource (139 p) txt rdacontent c rdamedia cr rdacarrier Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the 'liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged Mathematics Microeconomics Operations research Actuarial Sciences Finance/Investment/Banking Operation Research/Decision Theory Mathematik Kunreuther, Howard Sonstige oth https://doi.org/10.1007/978-94-011-2192-7 Verlag Volltext |
| spellingShingle | Camerer, Colin Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty Mathematics Microeconomics Operations research Actuarial Sciences Finance/Investment/Banking Operation Research/Decision Theory Mathematik |
| title | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty |
| title_auth | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty |
| title_exact_search | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty |
| title_full | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty edited by Colin Camerer, Howard Kunreuther |
| title_fullStr | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty edited by Colin Camerer, Howard Kunreuther |
| title_full_unstemmed | Making Decisions About Liability And Insurance A Special Issue of the Journal of Risk and Uncertainty edited by Colin Camerer, Howard Kunreuther |
| title_short | Making Decisions About Liability And Insurance |
| title_sort | making decisions about liability and insurance a special issue of the journal of risk and uncertainty |
| title_sub | A Special Issue of the Journal of Risk and Uncertainty |
| topic | Mathematics Microeconomics Operations research Actuarial Sciences Finance/Investment/Banking Operation Research/Decision Theory Mathematik |
| topic_facet | Mathematics Microeconomics Operations research Actuarial Sciences Finance/Investment/Banking Operation Research/Decision Theory Mathematik |
| url | https://doi.org/10.1007/978-94-011-2192-7 |
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