Acts of God and Man: Ruminations on Risk and Insurance

Acts of God and Man: Ruminations on Risk and Insurance

by Michael Powers

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Product Details

ISBN-13: 9780231153676
Publisher: Columbia University Press
Publication date: 01/01/2014
Series: Columbia Business School Publishing Series
Pages: 304
Product dimensions: 8.50(w) x 5.60(h) x 0.80(d)
Age Range: 18 Years

About the Author

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.

Columbia University Press

What People are Saying About This

Denis Kessler

Powers has a unique talent for explaining complex matters in a simple way, and his book lays out the fundamental insurance and risk concepts that are essential for success in today's chaotic environment. Even better, Acts of God and Man is enjoyable and a fun read-rare qualities in risk and insurance literature.

Kevin Dowd

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.

From the Foreword by Martin Shubik

It is a pleasure to write a foreword for this book of both scholarship and humor. It factors in the various concepts of risk, but provides both theory and practical guidance on those 'aloof risks' suitable for insurance. Michael R. Powers manages to create a text for students of insurance while raising the deep philosophical problems in the formulation and application of probability theory.

Michael Morrissey

Powers entices readers with an entertaining and engaging narrative, and writes with such clarity and skill that readers almost won't notice the strides he makes in complex issues and dense concepts. Particularly given all the turgid materials on risk and insurance, Acts of God and Man is a breath of fresh air and an impressive achievement.

James K. Hammitt

An interesting and educational look at risk and insurance, and Powers's provocative findings provide an idiosyncratic, compelling perspective worth reading.

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