Annette Hofmann, Ph.D.

Assistant Professor
State Doctorate (German Habilitation), Insurance Economics / Health Economics, University of HamburgPhD, Economics, University of Hamburg
Annette Hofmann is Assistant Professor of Risk Management and Insurance in the School of Risk Management, Tobin College of Business, at St. John’s University. Before joining St. John's, Annette was the director of the risk management and insurance program at Hamburg School of Business Administration. She previously received her Ph.D. and State Doctorate (Habilitation) from the University of Hamburg in Germany. Annette studied business and economics at University of Hamburg, Panthéon-Sorbonne University in Paris, and Nottingham University Business School (UK). In 2011, she was a visiting researcher at the University of Wisconsin-Madison. Among others, Annette has published in the Journal of Risk and Insurance, the Journal of Risk and Uncertainty, the Geneva Risk and Insurance Review, the European Journal of Health Economics, Journal of Banking and Finance, and Economics Letters. She regularly presents research at academic conferences and is a member of the American Risk and Insurance Association, the European Group of Risk and Insurance Economists, as well as Risk Theory Society.

Research Interests

Economics of risk and uncertainty, insurance economics, decision-making under risk, prevention, health insurance, and health economics.

Courses Taught


Select Publications

Journal Articles

Hofmann, A., and Scordis, N. A. (2018). Challenges in applying Risk Management Concepts in Practice. Risk Management and Insurance Review. vol. 21, pp. 309-333.

Hofmann, A., Neumann, J. K., and Pooser, D. (2018). Plea for Uniform Regulation and Challenges of Implementing the New Insurance Distribution Directive. Springer : Geneva Papers on Risk and Insurance - Issues and Practice [Special Issue on Insurance Regulation]. vol. 43, pp. 740-769.

Hofmann, A., and Pelster, M. (2018). About the Fear of Reputational Loss: Social Trading and the Disposition Effect. Journal of Banking and Finance . vol. 94, pp. 75-88.

Hofmann, A., Haefen, O. V., and Nell, M. (2018). Optimal Insurance Policy Indemnity Schedules with Policyholders' Limited Liability and Background Risk. Journal of Risk and Insurance. pp. forthcoming.

Hofmann, A., and Peter , R. (2016). Self-Insurance, Self-Protection, and Saving: On Consumption Smoothing and Risk Management. Journal of Risk and Insurance. vol. 83, pp. 719-734.

Hofmann, A. (2015). Internalizing Externalities of Loss Prevention through Insurance Monopoly: An Analysis of Interdependent Risks (Reprint). Geneva Risk and Insurance Review (40th Anniversary Edition, Reprint from 2007). pp. 92-111.

Hofmann, A., and Peter , R. (2015). Multivariate Prevention Decisions: Safe Today or Sorry Tomorrow?. Economics Letters. vol. 128, pp. 51-53.

Hofmann, A., and Oldehaver, G. (2015). Vertically Linked Industries, Product Quality, and Minimum Quality Standards. German Economic Review. vol. 17, pp. 92-103.

Hofmann, A., Shehu , E., Langmaak, A., and Clement, M. (2014). The Healthy Donor Effect and Satisfaction with Health. European Journal of Health Economics. vol. 16, pp. 1-13.

Hofmann, A., and Saljanin, S. (2013). Miscounseling in Monopolistic Competition: A Case for Regulation. Canadian Center of Science and Education: Review of European Studies. vol. 5,

Hofmann, A., and Browne, M. J. (2013). One-sided Commitment in Dynamic Insurance Contracts: The Market for Private Health Insurance in Germany. Journal of Risk and Uncertainty. vol. 46, pp. 81-112.

Hofmann, A., and Nell , M. (2012). Smoking Bans and the Second-hand Smoking Problem: An Economic Analysis. European Journal of Health Economics. vol. 13, pp. 227-236.

Hofmann, A., and Nell , M. (2011). Information Cost, Broker Compensation and Collusion in Insurance Markets. Germany: Schmalenbach Business Review . vol. 63, pp. 287-307.

Hofmann, A., and Ramaj, H. (2011). Interdependent Risk Networks. International Journal of Management and Decision Making. vol. 11, pp. 312-323.

Hofmann, A., Nell , M., and Pohl, P. (2009). On Monopoly Insurance Pricing when Agents differ in Risk Aversion. Journal of Insurance Issues. vol. 32, pp. 133-153.


Hofmann, A. (2013). Economic Issues in Health Policy and Health Insurance Markets: Prevention Incentives, Risk Interdependencies, and Efficiency. University of Hamburg (Habilitation).

Hofmann, A. (2009). Imperfect Insurance Markets: An Economic Analysis of Externalities and Consumer Diversity. Karlsruhe (Germany): Verlag Versicherungswirtschaft.

Books Chapters

Hofmann, A., and Scordis, N. A. (2017). A Practical Perspective on Corporate Risk Management. In: The Palgrave Handbook of Unconventional Risk Transfer. pp. 35-54.

Hofmann, A., and Pooser, D. M. (2017). Insurance-Linked Securities: Structured and Market Solutions. In: The Palgrave Handbook of Unconventional Risk Transfer. pp. 357-373.