Developments in Risk and Insurance Economics: The Past 40 Years
Developments in Risk and Insurance Economics: The Past 40 Years
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DOI:
10.1007/978-1-4614-0155-1_1
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发表时间:
2013
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影响因子:
--
通讯作者:
Henri Loubergé
中科院分区:
文献类型:
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作者:
Henri Loubergé
This chapter reviews the evolution in risk and insurance economics over the past 50 years, first recalling the situation in 1973 and then presenting the developments and new approaches that have flourished since then. We argue that these developments were only possible because steady advances were made in the economics of risk and uncertainty and in financial theory. Insurance economics has grown in importance to become a central theme in modern economics, providing not only practical examples and original data to illustrate new theories but also inspiring new ideas that are relevant to the overall economy.