Offering a clear explanation of how insurance markets work (or don't), and exploring the government's role when confronting issues of market dysfunction, personal privacy, and fairness, Liran Einav, Amy Finkelstein, and Ray Fisman provide critical insight into one of today's most important yet largely misunderstood parts of the economy.

Liran Einav is professor of economics at Stanford University. Amy Finkelstein is the John and Jennie S. MacDonald Professor of Economics at MIT. Ray Fisman is the Slater Family Chair in Behavioral Economics at Boston University.