Books+ Search Results
Decentralized Insurance Technical Foundation of Business Models
Author
Title
Decentralized Insurance [electronic resource] : Technical Foundation of Business Models / by Runhuan Feng.
ISBN
9783031295591
Edition
1st ed. 2023.
Publication
Cham : Springer International Publishing : Imprint: Springer, 2023.
Physical Description
1 online resource (XXIII, 263 p.) 72 illus., 35 illus. in color.
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
The book offers an introduction to the technical foundation of decentralized insurance models, for advanced undergraduate students, graduate students and practitioners. The book is self-contained and anyone with a basic knowledge of probability and statistics should be able to follow through the entire book. It adopts a minimalist approach to describe the essential elements and first principles so that readers can get a gist of these models without being overwhelmed with too much technicality. It can be used as a reference for business model designs. The inclusion of exercises and practical examples makes the book suitable for advanced courses on decentralized insurance and risk sharing. There is a mix of industry practices and academic models presented in this book. The exposition starts with an overview of historic and current business practices and preliminaries on the mathematics and economics of risk and insurance. A bird's-eye view of traditional insurance is provided as a benchmark for various topics to be used in contrast with decentralized insurance. The book then continues with decentralized insurance practices around the world, including online mutual aid originated in China, takaful from the Islamic world, peer-to-peer insurance in the West, catastrophe risk pooling for Carribean countries, etc. Theories of aggregate risk pooling and peer-to-peer risk exchanges are provided for readers to appreciate the mathematical foundation of risk sharing. A unified framework of decentralized insurance is presented to show a structured approach to the economic design of decentralized business models. The book ends with a technical review of blockchain and decentralized finance (DeFi) insurance applications.
Variant and related titles
Springer ENIN.
Other formats
Printed edition:
Printed edition:
Printed edition:
Format
Books / Online
Language
English
Added to Catalog
June 09, 2023
Series
Springer Actuarial,
Contents
1. Introduction
2. Risk Assessment and Measures
3. Economics of Risk and Insurance
4. Traditional Insurance
5. Decentralized Insurance
6. Aggregate Risk Pooling
7. P2P Risk Exchange
8. Unified Framework
9. DeFi Insurance
Reference. - Index.
Also listed under
SpringerLink (Online service)
Bookmark As
Citation
