Abstract
This is a reprint of Allan H. Willett's 1901 Ph.D. dissertation originally published in the Columbia Studies in History, Economics and Public Law. Discusses the nature of risk, classes of risk, the cost of risk, the reward for risk-taking, ways of meeting risk (avoidance, prevention, assumption, distribution of losses, transfer), and insurance. A classic.
Volume
Winter
Page
469-601
Year
1991
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Risk Categories
Financial and Statistical Methods
Risk Measures
Financial and Statistical Methods
Risk Pricing and Risk Evaluation Models
Publications
Casualty Actuarial Society E-Forum
