Acts of God and man ruminations on risk and insurance / Michael R. Powers.

Author/creator Powers, Michael R.
Format Electronic
Publication InfoNew York : Columbia Business School Pub.,
Descriptionxvi, 283 p. : ill. ; 24 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Contents 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.
Bibliography noteIncludes bibliographical references (p. [271]-274) and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2011038071
ISBN9780231153669 (cloth : alk. paper)
ISBN023115366X (cloth : alk. paper)

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