Essays in the Economics of Property-Casualty Insurance
Essays in the Economics of Property-Casualty Insurance, edited by David F.
Bradford, is available from The University of Chicago Press for $37.00. This volume,
which includes papers presented at an NBER conference on the subject, discusses new
research and findings on several key aspects of the property-casualty insurance
industry, including the origins and effects of rate regulation in the automobile insurance
industry; how the organizational form of an insurance company affects its responses to
different situations; how external financing affects insurance cycles; who insures the
insurers; and how tax law changes in the 1980s affected insurance-industry prices. It
should be of interest not only to academic economists, but also to government
policymakers and insurance industry representatives.
Bradford is a Research Associate in the NBER’s Program in Public Economics
and a professor of economics at Princeton University.