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Professor Mark J. Browne
Gerald D. Stephens CPCU Chair in Risk Management and Insurance Department of Actuarial Science, Risk Management and Insurance Degree PhD, University of Pennsylvania (Wharton School) Contact Information: Mark Browne 5299 Grainger Hall 975 University Avenue Madison, WI 53706 - 1323 mbrowne@bus.wisc.edu (608) 263-3030 Link to Professional BIO Link to CV |
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Research publications
Mark J. Browne and James S. Trieschmann, “Salary and Benefit Compensation at American Research Universities,” Journal of Risk and Insurance, September 1991, Vol. 58, No. 3, 513-524.
Mark J. Browne, “Evidence of Adverse Selection in the Individual Health Insurance Market,” Journal of Risk and Insurance, March 1992, Vol. 59, No. 1, 13-33.
Mark J. Browne, “State Restrictions on Health Insurance Underwriting Criteria: The Effect on the Uninsured Population,” Journal of Insurance Regulation, Summer 1992, Vol. 10, No. 4, 585-597.
Mark J. Browne and Robert Hoyt, “Excess Returns and the Underwriting Cycle in the Property-Liability Insurance Market,” Journal of Insurance Regulation, Fall 1992, Vol. 11, No. 1, 67-78.
Mark J. Browne and Helen Doerpinghaus, “Information Asymmetries and Adverse Selection in the Market for Individual Medical Expense Insurance,” Journal of Risk and Insurance, June, 1993, Vol. 60, No. 2, 300-312.
Mark J. Browne and Kihong Kim, “An International Analysis of Life Insurance Demand,” Journal of Risk and Insurance, December, 1993, Vol. 60, No. 4, 616-634.
Mark J. Browne, “The Definition of Insurance: Implications for a Health Insurance Demand Model,” Journal of Actuarial Practice , 1993, Vol. 1, No. 2, 71-95.
Han Duck Lee, Mark J. Browne and Joan T. Schmit, “How Does Joint and Several Tort Reform Affect the Rate of Tort Filings? Evidence from the State Courts,” Journal of Risk and Insurance, June 1994, Vol. 61, No. 2, 295-316.
Mark J. Browne and Robert E. Hoyt, “Economic and Market Predictors of Insolvencies in the Property-Liability Insurance Industry,” Journal of Risk and Insurance, June 1995, Vol. 62, No. 2, 309-327.
Mark J. Browne and Helen Doerpinghaus, “Asymmetric Information and the Demand for Medigap Insurance,” Inquiry , Winter 1994/95, Vol. 31, No. 4, 445-450.
Mark J. Browne and Robert Puelz, “Statutory Rules, Attorney Involvement, and Automobile Liability Claims,” Journal of Risk and Insurance, March 1996, Vol. 63, No. 1, 77-94.
Dan R. Anderson and Mark J. Browne, “Managed Care in Workers Compensation,” CPCU Journal, Fall 1996, Vol. 49, No. 3, 22-39.
Mark J. Browne, “Health Insurance for the ‘Uninsurable’: State High Risk Pools,” Journal of Insurance Regulation, Summer 1997, Vol. 15, No. 4, 524-539.
Joan T. Schmit, Mark J. Browne and Han Duck Lee, “The Effect of State Tort Reforms on Claim Filings,” Risk Management and Insurance Review, Summer 1997, Vol. 1, No. 1, 1-17.
Virginia R. Young and Mark J. Browne, “Explaining Insurance Policy Provisions via Adverse Selection,” The Geneva Papers on Risk and Insurance Theory, 1997, Vol. 22, 121-134.
Mark J. Browne and Brenda P. Wells, “Claims Adjudication in the Personal Automobile Insurance Residual Market,” The Journal of Risk and Insurance, June 1999, Vol. 66, No. 2, 275-290.
Mark J. Browne and Robert Puelz, “The Effect of Legal Rules on the Value of Economic and Non-Economic Damages and the Decision to File,” Journal of Risk and Uncertainty, 1999, 18:2, 189-213.
Mark J. Browne, James C. Carson, and Robert E. Hoyt, “Economic and Market Predictors of Insolvencies in the Life-Health Insurance Industry,” Journal of Risk and Insurance, 1999, 66:4, 643-659.
Mark J. Browne, Jaewook Chung, and Edward W. Frees, “International Property-Liability Insurance Consumption,” Journal of Risk and Insurance, 2000, 67:1, 73-90.
Mark J. Browne and Robert E. Hoyt, “The Demand for Flood Insurance: Empirical Evidence,” Journal of Risk and Uncertainty, 2000, 20:3, 291-306.
Virginia R. Young and Mark J. Browne, “Equilibrium in Competitive Insurance Markets Under Adverse Selection and Yaari’s Dual Theory of Risk,” The Geneva Papers on Risk and Insurance Theory, Vol. 25, No. 2, 2000 .
Mark J. Browne, James C. Carson, and Robert E. Hoyt, “Dynamic Financial Models of Life Insurers,” North American Actuarial Journal, 2001, 5:2.
Margie Rosenberg and Mark J. Browne, “The Impact of the Inpatient Prospective Payment System and Diagnosis Related Groups: A Survey of the Literature,” North American Actuarial Journal , 2001, 5:4.
Mark J. Browne and Joan T. Schmit, “Insurance Claims and Legal Filings: Trends from 1977 -1997,”International Insurance Society Seminar Proceedings, 2002. Recipient of the Shin Award for Research Excellence.
Mark J. Browne, “Risk Management and Insurance Research: 1980 - 2002,” Risk Management and Insurance Review , Vol. 6, Iss 1, 2003.
Mark J. Browne, Ellen Pryor, and Robert Puelz, “The Effect of Bad Faith Laws on the Value of Economic and Non-Economic Damages,” Journal of Legal Studies, Vol. 33, 2004 .
Yu-Luen Ma and Mark J. Browne, “Premium Cross-Subsidization and Choice in the Group Health Insurance Market,“ Journal of Risk and Insurance, September 2005.
Mark J. Browne, “Adverse Selection in the Long-Term Care Insurance Market,” Insurance: Theoretical Analysis and Policy Implications, editors Pierre-André Chiappori and Christian Gollier, MIT Press, 2006.
Wenjiu Liu and Mark J. Browne, “Equilibrium in an Insurance Market with Imperfect Information and Transaction Costs,” Journal of Risk and Insurance. Volume 74, Issue 4, December 2007, pp.739-760
Mark J. Browne and Joan Schmit, “Litigation Patterns in Automobile Bodily Injury Claims 1977 – 1997: Effects of Time and Tort Reforms,” Journal of Risk and Insurance, Volume 75, Issue 1, March 2008, pp. 83-100.
Yu Lei and Mark J. Browne, "Medical Malpractice Insurance Market Entry and Exit: 1994 - 2006", Journal of Insurance Regulation, Volume 27, Issue 1, Fall 2008, pp. 47-72.
Mark J. Browne, Yu-Luen Ma and Ping Wang, "Stock-Based Compensation and Reserve Errors in the Property and Casualty Insurance Industry," Journal of Insurance Regulation, Volume 27, Issue 4, Summer 2009, pp. 35 -54.
Tian Zhou-Richter, Mark J. Browne, and Helmut Grundl, "Don't They Care? Or, Are They Just Unaware? Risk Perception and the Demand for Long-Term Care Insurance," Journal of Risk and Insurance, Forthcoming.
