Contributions to Insurance Economics

Economic Theory of Risk Exchanges: A Review.- The Demand for and Supply of Liability Insurance.- Moral Hazard and Insurance Contracts.- Adverse Selection in Insurance Markets: A Selective Survey.- Financial Pricing of Property and Liability Insurance.- Econometric Models of Accident Distributions.- Optimal Insurance: A Nonexpected Utility Analysis.- Background Risk, Prudence, and the Demand for Insurance.- Optimum Insurance with Deviant Beliefs.- Increases in Risk and the Demand for Insurance.- Crop Insurance in Incomplete Markets.- How Does Ambiguity Affect Insurance Decisions?.- Moral Hazard and Competitive Insurance Markets.- Probationary Periods and Time-Dependent Deductibles in Insurance Markets with Adverse Selection.- Insurance Classifications and Social Welfare.- Social Insurance in Market Contexts: Implications of the Structure of Workers' Compensation for Job Safety and Wages.- Testing for Asymmetric Information in Canadian Automobile Insurance.- Incentive Effects of No-Fault Automobile Insurance: Evidence from Insurance Claim Data.- Measuring the Effects of the No-Fault 1978 Quebec Automobile Insurance Act with the DRAG Model.- Liability Versus No-Fault Automobile Insurance Regimes: An Analysis of the Experience in Quebec.

'In conclusion, I recommend Contributions to Insurance. It does an excellent job of readers of the Journal of Risk and Insurance economics, remind the reader of the advances that are being made, and of equal if not more importance, sets the stage for a future research agenda in this area.' Journal of Risk and Insurance