Chapter 12. Does Insurance Require Risk Aversion?

  1. Benjamin Eden

Published Online: 13 DEC 2007

DOI: 10.1002/9780470753484.ch12

A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty

A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty

How to Cite

Eden, B. (ed) (2005) Does Insurance Require Risk Aversion?, in A Course in Monetary Economics: Sequential Trade, Money, and Uncertainty, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470753484.ch12

Publication History

  1. Published Online: 13 DEC 2007
  2. Published Print: 1 JAN 2005

ISBN Information

Print ISBN: 9780631215653

Online ISBN: 9780470753484

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Keywords:

  • insurance;
  • risk aversion;
  • gambling;
  • utility function;
  • probability

Summary

This chapter contains section titled:

  • The Insurance-buying Gambler

  • Socially Harmful Information