Loss Coverage: Why Insurance Works Better With Some Adverse Selection - Softcover

Thomas, Guy

9781107495906: Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Softcover

ISBN 10: 1107495903 ISBN 13: 9781107495906

Publisher: Cambridge University Press, 2017

View all copies of this ISBN edition

3 Used

From � 2.38

14 New

From � 37.61

This book argues that, contrary to received wisdom, some adverse selection in insurance markets is beneficial to society as a whole.

"synopsis" may belong to another edition of this title.

About the Author

Guy Thomas is an actuary and investor, and an honorary lecturer at the University of Kent, Canterbury. His academic publications have received prizes from the Institute and Faculty of Actuaries and the International Actuarial Association. He is also the author of Free Capital: How Twelve Private Investors Made Millions in the Stock Market.

"About this title" may belong to another edition of this title.

Publisher: Cambridge University Press
Publication date: 2017
Language: English
ISBN 10: 1107495903
ISBN 13: 9781107495906
Binding: Paperback
Number of pages: 284

Other Popular Editions of the Same Title

9781107100336: Loss Coverage: Why Insurance Works Better with Some Adverse Selection

Featured Edition

ISBN 10: 110710033X ISBN 13: 9781107100336
Publisher: Cambridge University Press, 2017
Hardcover

Search results for Loss Coverage: Why Insurance Works Better With Some...

Stock Image

Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Guy Thomas (University of Kent, Canterbury)

Published by Cambridge University Press, United Kingdom, Cambridge, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

Used Paperback

Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom

Seller rating 5 out of 5 stars

Paperback. Condition: Fine. Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals. Seller Inventory # GOR012191658

Contact seller

Buy Used

� 2.38

� 5.60 shipping
Ships from United Kingdom to U.S.A.

Quantity: 5 available

Add to basket

Stock Image

Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Thomas, Guy

Published by Cambridge University Press, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

Used Paperback

Seller: AMM Books, Gillingham, KENT, United Kingdom

Seller rating 5 out of 5 stars

Paperback. Condition: Very Good. In stock ready to dispatch from the UK. Seller Inventory # mon0000253891

Contact seller

Buy Used

� 1.75

� 11.99 shipping
Ships from United Kingdom to U.S.A.

Quantity: Over 20 available

Add to basket

Stock Image

Loss Coverage: Why Insurance Works Better With Some Adverse Selection

Thomas, Guy

Published by Cambridge University Press, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

Used Paperback

Seller: Brit Books, Milton Keynes, United Kingdom

Seller rating 4 out of 5 stars

Paperback. Condition: Used; Very Good. ***Simply Brit*** Welcome to our online used book store, where affordability meets great quality. Dive into a world of captivating reads without breaking the bank. We take pride in offering a wide selection of used books, from classics to hidden gems, ensuring there is something for every literary palate. All orders are shipped within 24 hours and our lightning fast-delivery within 48 hours coupled with our prompt customer service ensures a smooth journey from ordering to delivery. Discover the joy of reading with us, your trusted source for affordable books that do not compromise on quality. Seller Inventory # 4367401

Contact seller

Buy Used

� 3.87

� 15.99 shipping
Ships from United Kingdom to U.S.A.

Quantity: 1 available

Add to basket

Stock Image

Loss Coverage (Paperback)

Guy Thomas

Published by Cambridge University Press, Cambridge, 2017

ISBN 10: 1107495903 ISBN 13: 9781107495906

New Paperback

Print on Demand

Seller: Grand Eagle Retail, Bensenville, IL, U.S.A.

Seller rating 5 out of 5 stars

Paperback. Condition: new. Paperback. Most academic and policy commentary represents adverse selection as a severe problem in insurance, which should always be deprecated, avoided or minimised. This book gives a contrary view. It details the exaggeration of adverse selection in insurers' rhetoric and insurance economics, and presents evidence that in many insurance markets, adverse selection is weaker than most commentators suggest. A novel arithmetical argument shows that from a public policy perspective, 'weak' adverse selection can be a good thing. This is because a degree of adverse selection is needed to maximise 'loss coverage', the expected fraction of the population's losses which is compensated by insurance. This book will be valuable for those interested in public policy arguments about insurance and discrimination: academics (in economics, law and social policy), policymakers, actuaries, underwriters, disability activists, geneticists and other medical professionals. A novel book that argues that, contrary to received wisdom, some adverse selection in insurance markets is beneficial to society as a whole. It is for all those interested in public policy arguments about insurance and discrimination: policymakers, academics, actuaries, underwriters, disability activists, geneticists and other medical professionals. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781107495906

Contact seller