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Acts of God and Man: Ruminations on Risk and Insurance
Michael Powers
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Description for Acts of God and Man: Ruminations on Risk and Insurance
Paperback. Series: Columbia Business School Publishing. Num Pages: 304 pages, 33 line drawings, 22 tables. BIC Classification: KFFN; KJMV1. Category: (P) Professional & Vocational. Dimension: 223 x 145 x 19. Weight in Grams: 376.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2014
Publisher
Columbia University Press United States
Number of pages
304
Condition
New
Series
Columbia Business School Publishing
Number of Pages
304
Place of Publication
New York, United States
ISBN
9780231153676
SKU
V9780231153676
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Michael Powers
Michael R. Powers is the Zurich Group Professor of Risk Mathematics at Tsinghua University's School of Economics and Management. He currently leads an interdisciplinary research team exploring the impact of cultural attitudes on risk finance. Prior to joining Tsinghua, he was professor of risk management and insurance at Temple University's Fox School of Business.
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