'Fair insurance' presentation slideshows

15.3 Bearing and Eliminating Risk

15.3 Bearing and Eliminating Risk. Why do people buy insurance? Why do people buy extended warranties? Why are extended warranties so expensive? What is a reasonable extended warranty? These questions are answered by: Actuarially Fair Insurance Risk Premium. 15.3 Actuarially Fair Insurance.

557 views • 47 slides

15.3 Bearing and Eliminating Risk

15.3 Bearing and Eliminating Risk. Why do people buy insurance? Why do people buy extended warranties? Why are extended warranties so expensive? What is a reasonable extended warranty? These questions are answered by: Actuarially Fair Insurance Risk Premium. 15.3 Actuarially Fair Insurance.

526 views • 47 slides

Chapter Twelve

365 views • 36 slides

Section 11

Section 11. Intro. Microeconomics TA: Cristina Tello-Trillo. Supply/Demand: Individual demand: Consumer optimal choices: consumer maximization s.t budget constraint Individual supply: Firm profit maximization in perfect competition, monopoly and oligopoly

429 views • 22 slides

L11

L11. Uncertainty. Three Applications. Model with real endowments 1. Labor Supply (Labor-Leisure Choice) 2. Intertemporal Choice (Consumption-Savings Choice) 3. Uncertainty (Insurance) (Consumption across states of the world). Uncertainty.

197 views • 18 slides