VVZ API is not affiliated with ETH Zurich. Data might be outdated or incorrect. Please view the official ETHZ Vorlesungsverzeichnis for binding information.

363-1017-00L 3 Credits BSC , DR , MSC , NDS D-USYS , D-MTEC , D-MATH , D-MAVT
You're viewing possible stale or outdated data. Please check the latest semester for more up-to-date information.

Risk and Insurance Economics

Lecturers & Examiners: Dr. Irina Gemmo
VVZ CR n/a

Last Updated: 2026-02-05 15:42:29

Abstract

The course covers economics of risk and insurance. Topics covered are fundamentals of risk, individual decision making under risk, fundamentals of insurance, information asymmetries in insurance markets, and the macroeconomic role of insurers.

Objective

The goal is to introduce students to basic concepts of risk, risk management and economics of insurance.

Content

- fundamentals of risk - individual decision making under risk - fundamentals of insurance - information asymmetries in insurance markets - the macroeconomic role of insurers

Resources

Literature

Main literature: - Eeckhoudt, L., Gollier, C., & Schlesinger, H. (2005). Economic and Financial Decisions under Risk. Princeton University Press. - Zweifel, P., & Eisen, R. (2012). Insurance Economics. Springer. Further readings: - Dionne, G. (Ed.). (2013). Handbook of Insurance (2nd ed.). Springer. - Hufeld, F., Koijen, R. S., & Thimann, C. (Eds.). (2017). The Economics, Regulation, and Systemic Risk of Insurance Markets. Oxford University Press. - Niehaus, H., & Harrington, S. (2003). Risk Management and Insurance (2nd ed.). McGraw Hill. - Rees, R., & Wambach, A. (2008). The Microeconomics of Insurance, Foundations and Trends® in Microeconomics, 4(1–2), 1-163.

General Information

Language
English
Levels
BSC , DR , MSC , NDS
Frequency
Yearly recurring

Examination

Type
graded semester performance

Course Components

Type Title Time & Place Hours
lecture with exercise Risk and Insurance Economics
  • Tue 10:00-12:00 (ER SA TZ)
  • Tue 10:15-12:00 (HG D 3.2)
2 h weekly

Offered In