Book Cover
E-book
Author Ericson, Richard V., 1948-2007

Title Uncertain business : risk, insurance and the limits of knowledge / Richard V. Ericson and Aaron Doyle
Published Toronto, Ont. : University of Toronto Press, ©2004

Copies

Description 1 online resource (viii, 332 pages) : illustrations
Contents Contents -- Acknowledgments -- 1 Risk, Insurance, and the Limits of Knowledge -- 2 Uncertainties of Life: Embracing Risk, Prudence, and Investment -- 3 Uncertainties of Disability: Spreading Risk, Solidarity, and Welfare -- 4 Uncertainties of Earthquakes: Absorbing Risk, Mitigation, and Infrastructure -- 5 Uncertainties of Terrorism: Pre-empting Risk, Precaution, and Vigilance -- 6 Uncertain Business -- References -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U
Vw -- y -- z
Summary We live in an age of increasing doubt about whether our institutions and technologies can provide security against risks, many of which they themselves have created. Uncertain Business is an unprecedented inquiry into insurance industry practices and what they tell us about risks and uncertainties in contemporary society. The core of the book is ethnographic studies in distinct fields of insurance: premature death, disability, earthquake, and terrorism. These studies reveal that uncertainty pervades different fields of insurance, the very industry that is charged with transforming uncertainty into manageable risk. Scientific data on risk are variously absent, inadequate, controversial, contradictory, and ignored. Insurers impose meaning on uncertainty through non-scientific forms of knowledge that are intuitive, emotional, aesthetic, moral, and speculative. Nevertheless, the nature of uncertainty and the response to it varies substantially across the fields studied, showing how contemporary society is characterized by competing risk logics. Insurers' perceptions and decisions about uncertainty with potential for windfall profits as well as catastrophic losses create crises in insurance availability and provoke new forms of inequality and exclusion. Hence, while the insurance industry is a central bulwark against uncertainty, insurers also play a key role in fostering it
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Risk (Insurance)
Uncertainty.
Technology -- Sociological aspects.
BUSINESS & ECONOMICS -- Insurance -- Risk Assessment & Management.
SOCIAL SCIENCE -- Sociology -- General.
Risk (Insurance)
Technology -- Sociological aspects
Uncertainty
Entscheidung bei Unsicherheit
Risiko
Versicherungswirtschaft
Risico's.
Verzekeringswezen.
Form Electronic book
Author Doyle, Aaron
LC no. 2004557492
ISBN 9781442682849
1442682841
1281994332
9781281994332
9780802085627
0802085628