improving decisions in the most misunderstood industry Kunreuther, Howard. creator McMorrow, Stacey. Pauly, Mark V. 1941- text bibliography nyu New York Cambridge University Press 2013 monographic eng

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xii, 329 pages : illustrations ; 23 cm. "This book examines the behavior of individuals at risk, insurance industry decision makers and policy makers involved in the selling, buying, and regulating of insurance"-- 1. Purposes of this book -- 2. An introduction to insurance in practice and theory -- 3. Anomalies and rumors of anomalies -- 4. Behavior consistent with benchmark models -- 5. Real-world complications -- 6. Why people do or do not demand insurance -- 7. Demand anomalies -- 8. Descriptive models of insurance supply -- 9. Anomalies on the supply side -- 10. Design principles for insurance -- 11. Strategies for dealing with insurance-related anomalies -- 12. Innovations in insurance markets through multi-year contracts -- 13. Publicly-provided social insurance -- 14. Conclusions: A framework for prescriptive recommendations. Howard Kunreuther, Mark V. Pauly, Stacey McMorrow. Includes bibliographical references (pages 295-307) and indexes. Consumer behavior Insurance Decision making Risk (Insurance) HG8054.5 .K858 2013 0521845726 9780521608268 (pbk.) 2012-006486 131117 20230110151018.0