Decentralized Insurance: Technical Foundation of Business Models

Feng, Runhuan

Decentralized Insurance: Technical Foundation of Business Models
  • 出版商: Springer
  • 出版日期: 2024-05-22
  • 售價: $5,040
  • 貴賓價: 9.5 折 $4,788
  • 語言: 英文
  • 頁數: 263
  • 裝訂: Quality Paper - also called trade paper
  • ISBN: 3031295617
  • ISBN-13: 9783031295614

    • 海外代購書籍(需單獨結帳)

相關主題

商品描述

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 isprovided 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.


商品描述(中文翻譯)

這本書為高年級本科生、研究生和從業人員提供了分散式保險模型的技術基礎介紹。這本書是自成一體的，只要具備基本的概率和統計知識，就能夠理解全書的內容。它採用了極簡主義的方法來描述基本要素和基本原則，讓讀者能夠對這些模型有所了解，而不會被過多的技術性內容所淹沒。它可以作為商業模型設計的參考書。書中包含的練習和實際例子使其適合於分散式保險和風險共擔的高級課程。

本書介紹了行業實踐和學術模型的混合。首先，對風險和保險的數學和經濟學進行了概述，並提供了傳統保險的整體觀點，作為與分散式保險進行對比的基準。然後，書中繼續介紹了全球各地的分散式保險實踐，包括源於中國的在線互助、伊斯蘭世界的塔卡夫勒、西方的點對點保險、加勒比國家的災害風險共擔等。書中還提供了關於風險共擔的集體風險共擔和點對點風險交換的理論，讓讀者能夠理解風險共擔的數學基礎。書中還提出了一個統一的分散式保險框架，展示了一種結構化的方法來設計分散式商業模型。最後，本書對區塊鏈和分散式金融（DeFi）保險應用進行了技術回顧。

作者簡介

Runhuan Feng is a Professor of Mathematics, Statistics, Industry and Enterprise Systems Engineering, the State Farm Companies Foundation Endowed Professor, the Director of Actuarial Science, and the Founding Director of Predictive Analytics and Risk Management at the University of Illinois at Urbana-Champaign. He is the Faculty Lead for Finance and Insurance Sector at the University of Illinois System's Discovery Partner Institute in Chicago. Feng is a Fellow of the Society of Actuaries and a Chartered Enterprise Risk Analyst. He co-founded the Illinois Risk Lab, which facilitates interdisciplinary activities that integrate experiential learning for students with research problems from the industry or the society. Feng servesas an independent consultant to many corporations and startups and provides expert testimonies to law firms for public policy assessment and actuarial analysis. His consulting work has been used by the Illinois General Assembly for pension-related legislative proposals. Feng's research has been recognized in the practitioners' community through his applied technical contributions and presentations as invited speakers at industry conferences. He won the Institute and Faculty of Actuaries' Geoffrey Heywood Prize in 2022. His recent interests are on business designs in decentralized finance and insurance and how distributed technologies can be best utilized to address emerging risks and societal challenges.

作者簡介(中文翻譯)

Runhuan Feng是伊利諾伊大學香檳分校的數學、統計、工業和企業系統工程學教授，State Farm Companies Foundation的捐助教授，精算科學的主任，以及預測分析和風險管理的創始主任。他是伊利諾伊大學系統在芝加哥的Discovery Partner Institute金融和保險部門的學術領導。Feng是精算師學會的會士和特許企業風險分析師。他共同創辦了伊利諾伊風險實驗室，該實驗室促進了跨學科活動，將學生的實踐學習與來自行業或社會的研究問題相結合。Feng是許多公司和初創企業的獨立顧問，並為律師事務所提供專家證詞，進行公共政策評估和精算分析。他的咨詢工作被伊利諾伊州議會用於與養老金相關的立法提案。Feng的研究通過應用技術貢獻和在行業會議上的邀請演講，得到了從業人員社區的認可。他在2022年獲得了精算師學會和教師學會的Geoffrey Heywood獎。他最近的興趣是分散式金融和保險中的商業設計，以及如何最好地利用分散式技術應對新興風險和社會挑戰。

類似商品