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Embracing Risk: The Changing Culture of Insurance and Responsibility
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Embracing Risk: The Changing Culture of Insurance and Responsibility

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For much of the twentieth century, industrialized nations addressed social problems, such as workers' compensation benefits and social welfare programs, in terms of spreading risk. But in recent years a new approach has emerged: using risk both as a way to conceive of and address social problems and as an incentive to reduce individual claims on collective resources.

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Paperback, 329 pages
Published February 15th 2002 by University Of Chicago Press
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Tom Baker, a preeminent scholar in insurance law, explores insurance, risk, and responsibility using methods and perspectives drawn from economics, sociology, psychology, and history. He is author of The Medical Malpractice Myth (Chicago, 2005), in which he attacks misperceptions behind the tort reform movement and proposes an evidence-based approach to medical liability reform. Baker’s work on mo ...more
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