Behavioral economics and behavioral finance typically incorporate cognitive and social factors in modeling economic decisions. These include decisions made by the buyers and sellers of insurance-related products. The field of behavioral insurance attempts to explain many of the discrepancies between theories and observations within insurance markets.
The workshop will be hosted by the Munich Risk and Insurance Center (MRIC) at Ludwig-Maximilians-Universität (LMU) in Munich, Germany, and organized by Andreas Richter and Jörg Schiller. It will be held in cooperation with the Center for the Economic Analysis of Risk (CEAR) at Georgia State University. The preliminary schedule has Professors Cary Deck (University of Arkansas), Charles Noussair (University of Arizona) and Richard Zeckhauser (Harvard University) giving plenary talks.
This year’s workshop will be held in memoriam Harris Schlesinger – an exceptional scholar, a strong advocate for the field of insurance economics, and a very active member of the MRIC, who contributed tremendously to the former Behavioral Insurance Workshops. Dr. Schlesinger was the founding editor of the Geneva Risk and Insurance Review (GRIR, formerly Geneva Papers on Risk and Insurance Theory) which will honor him with a special issue following the workshop.
Scientific Review Committee
- Glenn Harrison, Georgia State University
- Martin Kocher, LMU Munich
- Alexander Mürmann, Vienna University of Economics and Business
- Charles Noussair, University of Arizona
- Andreas Richter, LMU Munich
- Jörg Schiller, University of Hohenheim
- Nicolas Treich, Toulouse School of Economics
With support from
- Verein zur Förderung der Versicherungswissenschaft in München e.V.