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Acts of God and man : ruminations on risk and insurance

By: Powers, Michael R
Material type: BookPublisher: New York : Columbia Business School Pub., c2012.Description: xvi, 283 p. : ill. ; 24 cm.ISBN: 9780231153669Subject(s): Risk (Insurance) | Risk managementDDC classification: 368 PO AC Online resources: Location Map
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Item type Home library Call number Status Date due Barcode Item holds
REGULAR University of Wollongong in Dubai
Main Collection
368 PO AC (Browse shelf) Available T0057025
Total holds: 0

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.

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