Journal of Economic Literature
Book Reviews
2026-08-28
Michael Sherris of University of New South Wales reviews “The Econometrics of Individual Risk: Credit, Insurance, and Marketing” by Christian Gourieroux, Joann Jasiak,. The EconLit Abstract of the reviewed work begins “Provides a complete econometric methodology for quantifying and managing the individual risks faced by banks, insurers, and marketers. Discusses dichotomous risk; estimation; score performance; count data models; durations; endogenous selection and partial observability; transition models; multiple scores; serial dependence in longitudinal data; and management of credit risk. Gourieroux is Director of the Laboratory for Finance and Insurance at the Center for Research in Economics and Statistics, Paris, and Professor at the University of Toronto. Jasiak is Associate Professor of Economics at York University. Index.”