Acts of God and man : ruminations on risk and insurance / Michael R. Powers.
By: Powers, Michael R.
New York : Columbia Business School Pub., c2014Description: xvi, 283 p. : ill. ; 24 cm.ISBN: 9780231153669 (cloth : alk. paper); 9780231153676 (paper : alk. paper).Subject(s): Risk (Insurance) | Risk managementGenre/Form: Print books.DDC classification: 368Current location | Call number | Status | Date due | Barcode | Item holds |
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On Shelf | HG8054.5 .P69 2014 (Browse shelf) | Available | AU0000000001433 |
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HG6043 .M326 2016 Exchange-traded funds and the new dynamics of investing / | HG6046 .O47 2011 Zero-sum game : the rise of the worlds largest derivatives exchange / | HG8051 .E26 2017 The economics, regulation, and systemic risk of insurance markets / | HG8054.5 .P69 2014 Acts of God and man : ruminations on risk and insurance / | HG8083 .J37 2015 Making a market for acts of God : the practice of risk-trading in the global reinsurance industry / | HG9383 .F565 2015 Moral hazard in health insurance : developments since Arrow (1963) / | HJ141 .B276 2019 International public financial management : essentials of public sector accounting / |
Includes bibliographical references (p. [271]-274) and index.
Living with risk -- The alpha and the omega of risk the significance of mortality -- Into the unknown modeling uncertainty -- The shapes of things to come probabilities and parameters -- The value of experience independence and estimation -- It's all in your head bayesian decision making -- The realm of insurance -- Aloofness and quasi-aloofness defining insurance risks -- Trustworthy transfer; probable pooling financing insurance risks -- God-awful guessing and bad behavior solvency and underwriting -- The good, the bad, the role of risk classification -- And the lawyerly liability and government compensation -- Scientific challenges -- What is randomness? knowable and unknowable complexity -- Patterns, real and imagined observation and theory -- False choices and black boxes the costs of limited data -- Nullifying the dull hypothesis conventional versus personalized science -- Games and the mind modeling human behavior.