ACTSC 967Foundations of Insurance Economics
- Units
- 0.50
- Level
- Graduate
- Faculty
- Mathematics
- Subject
- Actuarial Science
ACTSC 967 as listed in the Fall 2026 Graduate Calendar. The main page has the current version, when it runs, and seats.
This course deals with the foundations of insurance economics and the theory of risk sharing in both centralized and decentralized insurance markets. The topics covered include the basics of the theory of choice under uncertainty and preference representations, risk aversion and measures of risk, Pareto optimality in insurance contracting under expected-utility and non-expected-utility models of preferences, as well as Pareto-optimal risk sharing in peer-to-peer insurance. Additional advanced topics, such as moral hazard and adverse selection in insurance contracting, may also be included.
Prerequisites
Antirequisites
None listed.
Leads to
No course lists it as a requisite.
Check it elsewhere for Fall 2026
- Graduate Calendar, Fall 2026The official entry
- Requirements for Fall 2026Waterloo’s requisite checker
- Schedule of Classes, Fall 2026Instructors, rooms, live seats
- Quest Class SearchWhere you enrol
- Course outlinesSyllabi from past terms (UW login)
- UW FlowStudent ratings and reviews
- WClassesPast sections back to 2004, and who taught them
Calendar versions
Graduate Calendar
- Fall 2026 (shown here)
- Winter 2024 and earlier in the calendar archives