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Insurance Without Utility Theory

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Theory and Decision

Part of the book series: Theory and Decision Library ((TDLU,volume 50))

Abstract

The present theory of insurance is based almost entirely on the expected utility theorem. It seems that this theorem is the natural tool for analysis of insurance markets, and that it has given a deeper insight in insurance problems.

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References

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Authors
  1. Karl Borch
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Editor information

Editors and Affiliations

  1. Institute for Social Sciences, Technical University of Munich, Germany

    Gerald L. Eberlein

  2. Department of Computer Science, University of Arkansas, USA

    Hal Berghel

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© 1988 D. Reidel Publishing Company

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Borch, K. (1988). Insurance Without Utility Theory. In: Eberlein, G.L., Berghel, H. (eds) Theory and Decision. Theory and Decision Library, vol 50. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3895-3_9

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  • DOI: https://doi.org/10.1007/978-94-009-3895-3_9

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-8230-3

  • Online ISBN: 978-94-009-3895-3

  • eBook Packages: Springer Book Archive

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