Alexander Muermann

Assistant Professor of Insurance and Risk Management The Wharton School of the University of Pennsylvania

3620 Locust Walk 3010 Steinberg Hall - Dietrich Hall Philadelphia, PA 19104-6302 +1 (215) 898-4751 muermann@wharton.upenn.edu

• CV
• Research

- Self-Protection and Insurance with Interdependencies with Howard Kunreuther (May 2007)

- Mutual versus Stock Insurers: Fair Premium, Capital, and Solvency with Christian Laux (April 2007)

- Monopoly Power Limits Hedging with Stephen H. Shore (January 2007)

- Optimal Choice and Beliefs with Ex Ante Savoring and Ex Post Disappointment with Christian Gollier (December 2006)

- Regret, Pride, and the Disposition Effect with Jacqueline M. Volkman (December 2006)

- Market Price of Insurance Risk Implied by Catastrophe Derivatives (May 2006)

- Strategic Trading and Manipulation with Spot Market Power with Stephen H. Shore (January 2006)

- Insuring the Uninsurable: Brokers and Incomplete Insurance Contracts with Neil A. Doherty (October 2005)

- “Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes” with Olivia S. Mitchell and Jacqueline M. Volkman, Insurance: Mathematics and Economics 39:2, 2006, 219-229

- “The Impact of Regret on the Demand for Insurance” with Michael Braun, Journal of Risk and Insurance 71:4, 2004, 737-767

- “The Near-Miss Management of Operational Risk” with Ulku Oktem, Journal of Risk Finance 4:1, 2002, 25-36

- “Catastrophe Derivatives” in Encyclopaedia of Actuarial Science, ed. Jozef Teugels and Bjoern Sundt, John Wiley & Sons, Ltd., Chichester, UK, Volume 1, 2004, 231-236

- “Brokers and the Insurance of Non-Verifiable Losses” with Neil A. Doherty, in Brookings-Wharton Papers on Financial Services, ed. Robert E. Litan and Richard Herring, Brookings Institution Press, Washington, D.C., 2004, 193-211

• Teaching

- INSR 205/805 “Risk Management”

- INSR 210/835 “Financial Strategies and Analysis: Insurance”

- INSR 934 “Insurance Economics”

- INSR 932 “Risk Theory”