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Research handbook on the economics of insurance law / edited by Daniel Schwarcz, professor, University of Minnesota Law School, USA, Peter Siegelman, professor, University of Connecticut Law School, USA.
- Format:
- Book
- Series:
- Research handbooks in law and economics.
- Research handbooks in law and economics
- Language:
- English
- Subjects (All):
- Insurance law--Handbooks, manuals, etc.
- Insurance law.
- Physical Description:
- 1 online resource (549 p.)
- Place of Publication:
- Cheltenham, UK : Edward Elgar, [2015]
- Language Note:
- English
- Summary:
- 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.
- Contents:
- Cover; Copyright; Contents; Contributors; Introduction; PART I WHY AND HOW DO INDIVIDUALS PURCHASE INSURANCE?; 1. Behavioral economics and insurance: Principles and solutions; 2. Insurance agents in the twenty-first century: The problem of biased advice; 3. Moral and other hazards of economic analysis of health insurance; 4. Does the theory of insurance support awarding pain and suffering damages in torts?; PART II THE ROLE OF THE STATE IN INSURANCE MARKETS; 5. 'Social insurance', risk spreading, and redistribution; 6. Catastrophe insurance; 7. US health care reform
- PART III INSURANCE REGULATION8. Insurance solvency regulation: A new world order?; 9. Classification risk and its regulation; 10. Economics of state versus federal regulation; PART IV COURTS AND INSURANCE; 11. Mandatory rules and default rules in insurance contracts; 12. The law and economics of insurance bad faith liability; 13. Basic economics of the defense of covered claims; 14. The artificial collective-action problem in lawsuits against insured defendants; 15. The law and economics of liability insurance: A theoretical and empirical review; Index
- Notes:
- Description based upon print version of record.
- Includes bibliographical references and index.
- Description based on online resource; title from PDF title page (ebrary, viewed September 4, 2015).
- ISBN:
- 1-78254-714-2
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