Acts of God & Man -- New E-book and Book

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Acts of God and Man  Ruminations of Risk and Insurance Michael Powers Order Your Copy Now and Save 30%! We'd like to offer you 30% off orders of Acts of God and Man. To save 30%, add the book to your shopping cart, and enter code ACTPO in the "Redeem Coupon" field at check out. Click on the "redeem coupon" button and your savings will be calculated.    Acts of God and Man is also available as an e-book and can be purchased wherever e-books are sold! Read the introduction: The Alpha and Omega of Risk: The Significance of Morality | Michael Powers takes The Page 99 Test | Michael Powers on Terrorism Forecasting | Michael Powers on Risk "Wonderful, witty, and full of insight Acts of God and Man provides a distinctive, highly readable, and uniquely sardonic perspective on risk, insurance, and the world around us-not to mention our confusing place in it. Powers has produced a real masterpiece." - Kevin Dowd, Cass Business School, and coauthor of Alchemists of Loss: How Modern Finance and Government Intervention Crashed the Financial System (Read more reviews) 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. 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. 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. Columbia Business School Publishing ORDER THE BOOK   $49.95 $34.97 (with discount code ACTPO) / £34.95   cloth   304 pages  For more titles in: Business

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