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Research Handbook on the Economics of Insurance Law

Research Handbook on the Economics of Insurance Law

Author: Daniel Schwarcz; Peter Siegelman
Publisher: Edward Elgar Publishing
ISBN: 9781782547136

Published In: August 2015
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Paperback Edition ISBN: 9781782547150

List Price: HKD 3,042.00

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Description
Contents

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Insurance law and insurance economics each have long and distinguished scholarly histories, but participants in the two disciplines have not always communicated well across academic silos.

The Handbook encourages more policy-relevant insurance economics scholarship and more economically-sophisticated legal scholarship by bringing together original contributions from leading scholars in insurance law and insurance economics on a range of issues involving insurance law and regulation.

PART I WHY AND HOW DO CONSUMERS PURCHASE INSURANCE?

1. Behavioral Economics and Insurance: Principles and Solutions Howard C. Kunreuther and Mark V. Pauly

2. Insurance Agents in the 21st Century: The Problem of Biased Advice Daniel Schwarcz and Peter Siegelman

3. The Income Transfer Effect in Health Insurance Contracts That Pay Off by Reducing Price John Nyman

4. Does The Theory of Insurance Support Awarding Pain and Suffering Damages in Torts? Ronen Avraham

PART II THE ROLE OF THE STATE IN INSURANCE MARKETS

5. "Social Insurance," Risk Spreading, and Redistribution James Kwak

6. Classification Risk and Its Regulation Kenneth S. Abraham and Pierre-Andre Chiappori

7. Disaster Insurance Dwight Jaffee

8. US Healthcare Reform Scott E. Harrington

PART III INSURANCE REGULATION

9. Insurance Solvency Regulation: A New World Order? Robert W. Klein and Elizabeth F. Brown

10. Economics of State v. Federal Regulation Martin Grace

PART IV COURTS AND INSURANCE

11. Mandatory Rules and Default Rules in Insurance Contracts Tom Baker and Kyle D. Logue

12. The Law and Economics of Insurance Bad Faith Liability Daniel Asmat and Sharon Tennyson

13. Settlement Conflict as Artificial Collective-Action Problem Richard Squire

14. Basic Economics of the Defense of Covered Claims Charles Silver

15. The Law and Economics of Liability Insurance: A Theoretical and Empirical Review (reprinted from Research Handbook on The Economics of Torts) Jennifer Arlen, Tom Baker and Peter Siegelman

Index