Research Handbook on the Economics of Insurance Law (Hardcover) by Daniel Schwarcz Peter Siegelman

Hard cover. Pages: 552. 552 p. Research Handbooks in Law and Economics Series . Intended for college/higher education audience. The fields of insurance law and insurance economics have long and distinguished scholarly histories but participants in the two disciplines have not always communicated well across academic silos. This Handbook encourages more policy-relevant insurance economics scholarship and more economically sophisticated legal scholarship by bringing together original contributions from leading scholars in both fields. The benefits of this inter-disciplinary approach are introduced and illustrated in four comprehensive sections: - Why and how do individuals purchase insurance? - The role of the state in insurance markets - The regulation of insurance - Insurance law in the courts. Overall this Handbook synthesizes the insights of insurance economics with the flourishing body of economically oriented research in insurance law. As well as providing a new approach for scholars the Handbook will prove a useful reference for insurance lawyers and insurance regulators owing to its policy relevant practical approach. Contributors: K.S. Abraham D. Asmat R. Avraham T. Baker E.F. Brown P.-A. Chiappori M.F. Grace S.E. Harrington D. Jaffee R.W. Klein H.C. Kunreuther J. Kwak K.D. Logue J.A. Nyman M.V. Pauly D. Schwarcz P. Siegelman C. Silver R. Squire S. Tennyson