Title
Insurance And Behavioral Economics: Improving Decisions In The Most Misunderstood Industry,New
Delivery time: 8-12 business days (International)
Insurance Is An Extraordinarily Useful Tool To Manage Risk. When It Works As Intended, It Provides Financial Protection To Individuals And A Profitable Business Model For Insurance Firms And Their Investors. But It Is Broadly Misunderstood By Consumers, Regulators, And Insurance Executives. This Book Looks At The Behavior Of Individuals At Risk, Insurance Industry Decision Makers, And Policy Makers At The Local, State, And Federal Level Involved In The Selling, Buying, And Regulating Of Insurance. It Compares Their Actions To Those Predicted By Benchmark Models Of Choice Derived From Classical Economic Theory. When Actual Choices Stray From Predictions, The Behavior Is Considered To Be Anomalous. With Considerable Sums Of Money At Stake, Both In Consumer Premiums And Insurance Company Payouts, It Is Important To Understand The Reasons For Anomalous Behavior. Howard Kunreuther, Mark Pauly, And Stacey Mcmorrow Examine These Anomalies Through The Lens Of Behavioral Economics, Which Takes Into Account Emotions, Biases, And Simplified Decision Rules. The Authors Then Consider If And How Such Behavioral Anomalies Could Be Modified To Improve Individual And Social Welfare. This Book Is Neither A Defense Of The Insurance Industry Nor An Attack On It. Neither Is It A Consumer Guide To Purchasing Insurance, Although The Authors Believe That Consumers Will Benefit From The Insights It Contains. Rather, This Book Describes Situations In Which Both Public Policy And The Insurance Industrys Collective Posture Need To Change. This May Require Incentives, Rules, And Institutions To Help Reduce Both Inefficient And Anomalous Behavior, Thereby Encouraging Behavior That Will Improve Individual And Social Welfare.
By changing our most important processes and
products, we have already made a big leap forward. This ranges from the
increased use of more sustainable fibers to the use of more
environmentally friendly printing processes to the development of
efficient waste management in our value chain.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.