Description: When Insurers Go Bust by Guillaume Plantin, Jean-Charles Rochet, Hyun Song Shin Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Applying developments in corporate finance theory and the economic theory of organizations, this work describes in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders. Publisher Description In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of non-financial firms. Rather than immediately addressing the minutiae of supervision, Guillaume Plantin and Jean-Charles Rochet first identify a fundamental economic rationale for supervising the solvency of insurance companies: policyholders are the "bankers" of insurance companies. But because policyholders are too dispersed to effectively monitor insurers, it might be efficient to delegate monitoring to an institution--a prudential authority. Applying recent developments in corporate finance theory and the economic theory of organizations, the authors describe in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders. Author Biography Guillaume Plantin is Assistant Professor of Finance at London Business School. He is the coauthor of Thorie du Risque et Rassurance. Jean-Charles Rochet is Professor of Mathematics and Economics at the University of Toulouse and a visiting professor of finance at the London School of Economics and Political Science. He is the coauthor of Microeconomics of Banking. Details ISBN 0691129355 ISBN-13 9780691129358 Title When Insurers Go Bust Author Guillaume Plantin, Jean-Charles Rochet, Hyun Song Shin Format Hardcover Year 2007 Pages 112 Publisher Princeton University Press GE_Item_ID:161690424; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
Price: 78.29 USD
Location: Calgary, Alberta
End Time: 2024-11-09T03:55:39.000Z
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
ISBN-13: 9780691129358
Book Title: When Insurers Go Bust
Number of Pages: 112 Pages
Language: English
Publication Name: When Insurers Go Bust : an Economic Analysis of the Role and Design of Prudential Regulation
Publisher: Princeton University Press
Item Height: 0.7 in
Publication Year: 2007
Subject: Economics / General, Insurance / Risk Assessment & Management, Insurance / General
Type: Textbook
Item Weight: 9 Oz
Subject Area: Business & Economics
Author: Guillaume Plantin, Jean-Charles Rochet
Item Length: 8.8 in
Item Width: 5.8 in
Format: Hardcover