The Economic Theory Of Risk And Insurance (1901) - Couverture souple

Willett, Allan Herbert

 
9781437282894: The Economic Theory Of Risk And Insurance (1901)

Synopsis

The Economic Theory of Risk and Insurance is a book written by Allan Herbert Willett and first published in 1901. The book provides a comprehensive analysis of the economic principles underlying risk and insurance. It explores the nature of risk, the ways in which it can be measured, and the different types of insurance available to mitigate its impact.The book begins by examining the concept of risk and its relationship to uncertainty. It then goes on to discuss the different types of risk, including pure risk, speculative risk, and moral hazard. The author explains how risk can be measured using statistical methods and probability theory.The book also covers the various types of insurance available, including life insurance, property insurance, and liability insurance. It explains how insurance works, the different types of insurance policies available, and the factors that influence insurance premiums.In addition, the book explores the role of government in regulating the insurance industry and the impact of insurance on economic growth and development. It also discusses the ethical considerations involved in the insurance industry, including the moral hazard problem and the potential for fraud.Overall, The Economic Theory of Risk and Insurance is a comprehensive and insightful analysis of the economic principles underlying risk and insurance. It provides a valuable resource for anyone interested in understanding the complex world of insurance and its impact on the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

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Présentation de l'éditeur

This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.

Présentation de l'éditeur

This volume is produced from digital images created through the University of Michigan University Library's preservation reformatting program. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the text that can both be accessed online and used to create new print copies. This book and thousands of others can be found in the digital collections of the University of Michigan Library. The University Library also understands and values the utility of print, and makes reprints available through its Scholarly Publishing Office.

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