Chapter 14 Uncertainty and the Emergence of Insurance.

Slides:



Advertisements
Similar presentations
Author: Julia Richards and R. Scott Hawley
Advertisements

Chapter 5 One- and Two-Sample Estimation Problems.
Chapter 16 Unemployment: Search and Efficiency Wages.
Slide 1 Insert your own content. Slide 2 Insert your own content.
Chapter 3 Demand and Behavior in Markets. Copyright © 2001 Addison Wesley LongmanSlide 3- 2 Figure 3.1 Optimal Consumption Bundle.
Chapter 10 Natural Monopoly and the Economics of Regulation.
Chapter 6 Cost and Choice. Copyright © 2001 Addison Wesley LongmanSlide 6- 2 Figure 6.1 A Simplified Jam-Making Technology.
Chapter 8 The Internal Organization of the Firm. Copyright © 2001 Addison Wesley LongmanSlide 8- 2 Figure 8.1 The Bowl-Contracting Game.
Copyright © 2002 Pearson Education, Inc. Slide 1.
Chapter 29 Postwar Industry and Agriculture Copyright © 2007 Pearson Addison-Wesley. All rights reserved.
Chapter 12 Market Entry and the Emergence of Perfect Competition.
Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 14 Money in the Open Economy.
Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 4 The Basics of Javascript Programming the World Wide Web Fourth.
Copyright © 2002 Pearson Education, Inc. Slide 1.
Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 6 Dynamic Documents with JavaScript Programming the World Wide Web.
Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 15 Introduction to Rails Programming the World Wide Web Fourth edition.
© 2008 Pearson Addison Wesley. All rights reserved Chapter Seven Costs.
Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 3 Cascading Style Sheets Programming the World Wide Web Fourth edition.
Chapter 13 INCOME INEQUALITY.
Chapter 11 Market-Clearing Models of the Business Cycle.
Chapter 8 Compensating Wage Differentials and Labor Markets.
Chapter 8 Business Cycles. Copyright © 2005 Pearson Addison-Wesley. All rights reserved. 8-2 Figure 8.1 A business cycle.
Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 5 FUTURE POPULATION TRENDS.
Chapter 12 Unemployment and Inflation. Copyright © 2005 Pearson Addison-Wesley. All rights reserved Figure 12.1 The Phillips curve and the U.S.
Copyright © 2002 Pearson Education, Inc. 1. Chapter 2 An Introduction to Functions.
Chapter 7 Game Theory and the Tools of Strategic Business Analysis.
Chapter 19 Input Markets and the Origins of Class Conflict.
Exchange Rates and Exchange Rate Systems
Copyright © 2002 Pearson Education, Inc. Slide 1.
Chapter 17 Externalities: The Free Market-Interventionist Battle Continues.
Chapter 1 The Study of Body Function Image PowerPoint
1 Copyright © 2010, Elsevier Inc. All rights Reserved Fig 3.1 Chapter 3.
Copyright © 2011, Elsevier Inc. All rights reserved. Chapter 5 Author: Julia Richards and R. Scott Hawley.
Copyright © 2011, Elsevier Inc. All rights reserved. Chapter 4 Author: Julia Richards and R. Scott Hawley.
1 Copyright © 2013 Elsevier Inc. All rights reserved. Chapter 116.
1 Chapter 58 - Clinical Syndromes of Metabolic Alkalosis Copyright © 2013 Elsevier Inc. All rights reserved.
1 Copyright © 2010, Elsevier Inc. All rights Reserved Fig 2.1 Chapter 2.
Copyright © 2011, Elsevier Inc. All rights reserved. Chapter 7 Author: Julia Richards and R. Scott Hawley.
1 Chapter 43 - The Urine Concentrating Mechanism and Urea Transporters Copyright © 2013 Elsevier Inc. All rights reserved.
1 Copyright © 2013 Elsevier Inc. All rights reserved. Chapter 40.
1 Copyright © 2013 Elsevier Inc. All rights reserved. Chapter 28.
1 Copyright © 2013 Elsevier Inc. All rights reserved. Chapter 14.
1 Copyright © 2013 Elsevier Inc. All rights reserved. Chapter 38.
1 Chapter 40 - Physiology and Pathophysiology of Diuretic Action Copyright © 2013 Elsevier Inc. All rights reserved.
Combining Like Terms. Only combine terms that are exactly the same!! Whats the same mean? –If numbers have a variable, then you can combine only ones.
0 - 0.
DIVIDING INTEGERS 1. IF THE SIGNS ARE THE SAME THE ANSWER IS POSITIVE 2. IF THE SIGNS ARE DIFFERENT THE ANSWER IS NEGATIVE.
MULTIPLYING MONOMIALS TIMES POLYNOMIALS (DISTRIBUTIVE PROPERTY)
MULT. INTEGERS 1. IF THE SIGNS ARE THE SAME THE ANSWER IS POSITIVE 2. IF THE SIGNS ARE DIFFERENT THE ANSWER IS NEGATIVE.
Teacher Name Class / Subject Date A:B: Write an answer here #1 Write your question Here C:D: Write an answer here.
Addition Facts
Chapter 7 Section 5 Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley.
5.9 + = 10 a)3.6 b)4.1 c)5.3 Question 1: Good Answer!! Well Done!! = 10 Question 1:
Past Tense Probe. Past Tense Probe Past Tense Probe – Practice 1.
Addition 1’s to 20.
Test B, 100 Subtraction Facts
Click your mouse to move the card ahead! Work with a buddy using two Abacuses. First click and follow along using your abacus. After each click talk about.
Week 1.
Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 10 One- and Two-Sample Tests of Hypotheses.
©Brooks/Cole, 2001 Chapter 12 Derived Types-- Enumerated, Structure and Union.
Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 15 2 k Factorial Experiments and Fractions.
Bottoms Up Factoring. Start with the X-box 3-9 Product Sum
1 Unit 1 Kinematics Chapter 1 Day
Chapter 20 The ISLM Model. Copyright © 2007 Pearson Addison-Wesley. All rights reserved Determination of Aggregate Output.
McGraw-Hill©The McGraw-Hill Companies, Inc., 2001 Chapter 20 SONET/SDH.
Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 13 One-Factor Experiments: General.
How Cells Obtain Energy from Food
Copyright © 2009 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 14: More About Classes.
Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 14 Factorial Experiments (Two or More Factors)
Chapter 5 Some Discrete Probability Distributions.
Presentation transcript:

Chapter 14 Uncertainty and the Emergence of Insurance

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.1 Discrete Probability Distribution

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.2 Continuous Probability Distributions

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.3(a) Two Investments in Wheat Production

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.3(b) Two Investments in Wheat Production

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.4 Risk Neutrality

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.5 Risk Aversion

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.6 Risk Preference

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.7 Risk Aversion and Insurance

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.8 Risk Preference and Insurance

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.9(a) Risk-Averse Geoffreys and Risk- Preferring Elizabeths

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.9(b) Risk-Averse Geoffreys and Risk- Preferring Elizabeths

Copyright © 2001 Addison Wesley LongmanSlide Figure Willingness to Sell Insurance

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.11(a) Risk and Variance

Copyright © 2001 Addison Wesley LongmanSlide Figure 14.11(b) Risk and Variance

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.