Insurance Behaviour and Society

Research output: Chapter in Book/Report/Conference proceedingChapter

BY THE END OF THIS CHAPTER YOU SHOULD BE ABLE TO:
1. Compare and contrast the subjectively expected utility and bounded rationality accounts of insurance purchase decisions.
2. Discuss the causes of insurance mis-selling and approaches to insurance consumer protection.
3. Explain the economic concept of moral hazard in relation to insurance behaviour, in particular with reference to insurance fraud and deterrence.

Keywords

  • Insurance , Organizational & Industrial Psychology
Original languageEnglish
Title of host publicationEconomic Psychology
EditorsRob Ranyard
Place of PublicationChichester
PublisherWiley Blackwell
Pages452-467
Number of pages16
ISBN (Electronic)9781118926390
ISBN (Print)9781118926482
Publication statusPublished - 1 Aug 2017
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