Acts of God and Man : : Ruminations on Risk and Insurance / / Michael Powers.
Much has been written about the ups and downs of financial markets, from the lure of prosperity to the despair of crises. Yet a more fundamental and pernicious source of uncertainty exists in today's world: the traditional "insurance" risks of earthquakes, storms, terrorist attacks, a...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013 |
---|---|
VerfasserIn: | |
MitwirkendeR: | |
Place / Publishing House: | New York, NY : : Columbia University Press, , [2011] ©2011 |
Year of Publication: | 2011 |
Language: | English |
Series: | Columbia Business School Publishing
|
Online Access: | |
Physical Description: | 1 online resource (304 p.) :; 33 line drawings, 22 tables |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
LEADER | 04755nam a22007695i 4500 | ||
---|---|---|---|
001 | 9780231527057 | ||
003 | DE-B1597 | ||
005 | 20220302035458.0 | ||
006 | m|||||o||d|||||||| | ||
007 | cr || |||||||| | ||
008 | 220302t20112011nyu fo d z eng d | ||
019 | |a (OCoLC)999354170 | ||
020 | |a 9780231527057 | ||
024 | 7 | |a 10.7312/powe15366 |2 doi | |
035 | |a (DE-B1597)459227 | ||
035 | |a (OCoLC)940685321 | ||
040 | |a DE-B1597 |b eng |c DE-B1597 |e rda | ||
041 | 0 | |a eng | |
044 | |a nyu |c US-NY | ||
050 | 4 | |a HG8054.5 |b .P69 2012eb | |
072 | 7 | |a BUS033070 |2 bisacsh | |
082 | 0 | 4 | |a 368 |2 23 |
100 | 1 | |a Powers, Michael, |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
245 | 1 | 0 | |a Acts of God and Man : |b Ruminations on Risk and Insurance / |c Michael Powers. |
264 | 1 | |a New York, NY : |b Columbia University Press, |c [2011] | |
264 | 4 | |c ©2011 | |
300 | |a 1 online resource (304 p.) : |b 33 line drawings, 22 tables | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
347 | |a text file |b PDF |2 rda | ||
490 | 0 | |a Columbia Business School Publishing | |
505 | 0 | 0 | |t Frontmatter -- |t Contents -- |t Foreword -- |t Preface -- |t Acknowledgments -- |t 1. Living with Risk -- |t 2. The Realm of Insurance -- |t 3. Scientific Challenges -- |t Notes -- |t Author' Editorials and Other Writings -- |t Bibliography -- |t Index |
506 | 0 | |a restricted access |u http://purl.org/coar/access_right/c_16ec |f online access with authorization |2 star | |
520 | |a Much has been written about the ups and downs of financial markets, from the lure of prosperity to the despair of crises. Yet a more fundamental and pernicious source of uncertainty exists in today's world: the traditional "insurance" risks of earthquakes, storms, terrorist attacks, and other disasters. Insightfully exploring these "acts of God and man," Michael R. Powers guides readers through the methods available for identifying and measuring such risks, financing their consequences, and forecasting their future behavior within the limits of science.A distinctive characteristic of earthquakes, hurricanes, bombings, and other insurance risks is that they impact the values of stocks, bonds, commodities, and other market-based financial products, while remaining largely unaffected by or "aloof" from the behavior of markets. Quantifying such risks given limited data is difficult yet crucial for achieving the financing objectives of insurance. Powers begins with a discussion of how risk impacts our lives, health, and possessions and proceeds to introduce the statistical techniques necessary for analyzing these uncertainties. He then considers the experience of risk from the perspectives of both policyholders and insurance companies, and compares their respective responses.The risks inherent in the private insurance industry lead naturally to a discussion of the government's role as both market regulator and potential "insurer of last resort." Following a thoughtful and balanced analysis of these issues, Powers concludes with an interdisciplinary investigation into the nature of uncertainty, incorporating ideas from physics, philosophy, and game theory to assess science's limitations in predicting the ramifications of risk. | ||
530 | |a Issued also in print. | ||
538 | |a Mode of access: Internet via World Wide Web. | ||
546 | |a In English. | ||
588 | 0 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) | |
650 | 0 | |a Risk (Insurance). | |
650 | 0 | |a Risk management. | |
650 | 7 | |a BUSINESS & ECONOMICS / Insurance / Risk Assessment & Management. |2 bisacsh | |
700 | 1 | |a Shubik, Martin, |e contributor. |4 ctb |4 https://id.loc.gov/vocabulary/relators/ctb | |
773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Columbia University Press eBook-Package Backlist 2000-2013 |z 9783110442472 |
776 | 0 | |c print |z 9780231153676 | |
856 | 4 | 0 | |u https://doi.org/10.7312/powe15366 |
856 | 4 | 0 | |u https://www.degruyter.com/isbn/9780231527057 |
856 | 4 | 2 | |3 Cover |u https://www.degruyter.com/document/cover/isbn/9780231527057/original |
912 | |a 978-3-11-044247-2 Columbia University Press eBook-Package Backlist 2000-2013 |c 2000 |d 2013 | ||
912 | |a EBA_BACKALL | ||
912 | |a EBA_CL_LAEC | ||
912 | |a EBA_EBACKALL | ||
912 | |a EBA_EBKALL | ||
912 | |a EBA_ECL_LAEC | ||
912 | |a EBA_EEBKALL | ||
912 | |a EBA_ESSHALL | ||
912 | |a EBA_ESTMALL | ||
912 | |a EBA_PPALL | ||
912 | |a EBA_SSHALL | ||
912 | |a EBA_STMALL | ||
912 | |a GBV-deGruyter-alles | ||
912 | |a PDA11SSHE | ||
912 | |a PDA12STME | ||
912 | |a PDA13ENGE | ||
912 | |a PDA17SSHEE | ||
912 | |a PDA18STMEE | ||
912 | |a PDA5EBK |