Download or read book The Microeconomics of Insurance written by Ray Rees and published by Now Publishers Inc. This book was released on 2008 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this relatively short survey, we present the core elements of the microeconomic analysis of insurance markets at a level suitable for senior undergraduate and graduate economics students. The aim of this analysis is to understand how insurance markets work, what their fundamental economic functions are, and how efficiently they may be expected to carry these out.