IDEAS home Printed from https://ideas.repec.org/a/bla/rmgtin/v9y2006i1p63-74.html
   My bibliography  Save this article

An Examination of Alternative Approaches to Risk Management and Insurance Research

Author

Listed:
  • Mark S. Dorfman
  • Steven C. Tippins

Abstract

Much current risk management and insurance research follows a pattern prescribed by the science paradigm. This article discusses some well‐recognized problems associated with the science paradigm, and then presents several alternatives that can supplement the science paradigm, thereby broadening and deepening the scope of risk management and insurance research and education.

Suggested Citation

  • Mark S. Dorfman & Steven C. Tippins, 2006. "An Examination of Alternative Approaches to Risk Management and Insurance Research," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 9(1), pages 63-74, March.
    • Handle: RePEc:bla:rmgtin:v:9:y:2006:i:1:p:63-74
    DOI: j.1540-6296.2006.00085.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1540-6296.2006.00085.x
    Download Restriction: no
    File URL: https://libkey.io/j.1540-6296.2006.00085.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. McCloskey, Donald N, 1983. "The Rhetoric of Economics," Journal of Economic Literature, American Economic Association, vol. 21(2), pages 481-517, June.
    2. Bruno S. Frey & Alois Stutzer, 2002. "What Can Economists Learn from Happiness Research?," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
    3. Samuel Brittan, 2003. "Review of The Ordinary Business of Life by Backhouse," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 202-206, March.
    4. Heilbroner, Robert, 1990. "Analysis and Vision in the History of Modern Economic Thought," Journal of Economic Literature, American Economic Association, vol. 28(3), pages 1097-1114, September.
    5. Steve Cassidy, 1997. "Issues In Insurance And Risk Management Education," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 1(1), pages 112-115, July.
    6. Arthur J. Robson, 2001. "The Biological Basis of Economic Behavior," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 11-33, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James R. Garven, 2007. "Risk Management: The Unifying Framework for Business Scholarship and Pedagogy," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 10(1), pages 1-12, March.
    2. Simone Krummaker, 2019. "Firm's demand for insurance: An explorative approach," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 22(3), pages 279-301, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Graham, Liam & Oswald, Andrew J., 2006. "Hedonic Capital," The Warwick Economics Research Paper Series (TWERPS) 745, University of Warwick, Department of Economics.
    2. Daron Acemoglu & Simon Johnson & Pablo Querubin & James A. Robinson, 2008. "When Does Policy Reform Work? The Case of Central Bank Independence," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 351-429.
    3. Wolpert, David H., 2010. "Why income comparison is rational," Games and Economic Behavior, Elsevier, vol. 69(2), pages 458-474, July.
    4. Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2012. "Social Decision Theory: Choosing within and between Groups," Review of Economic Studies, Oxford University Press, vol. 79(4), pages 1591-1636.
    5. Sheila C. Dow, 2012. "Variety of Methodological Approach in Economics," Palgrave Macmillan Books, in: Foundations for New Economic Thinking, chapter 13, pages 210-230, Palgrave Macmillan.
    6. Betsey Stevenson & Justin Wolfers, 2008. "Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 1-102.
    7. Wilfred Dolfsma, 2001. "Economists as subjects: Toward a psychology of economists," Forum for Social Economics, Springer;The Association for Social Economics, vol. 30(2), pages 77-88, March.
    8. Fluhrer, Svenja & Kraehnert, Kati, 2022. "Sitting in the same boat: Subjective well-being and social comparison after an extreme weather event," Ecological Economics, Elsevier, vol. 195(C).
    9. Abel Brodeur, 2012. "Smoking, Income and Subjective Well-Being: Evidence from Smoking Bans," Working Papers halshs-00664269, HAL.
    10. Petrick, Martin, 2004. "Can Econometric Analysis Make (Agricultural) Economics A Hard Science? Critical Remarks And Implications For Economic Methodology," IAMO Discussion Papers 14911, Institute of Agricultural Development in Transition Economies (IAMO).
    11. Senik, Claudia, 2009. "Direct evidence on income comparisons and their welfare effects," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 408-424, October.
    12. Carlo Borzaga & Ermanno Tortia, 2004. "Worker involvement in entrepreneurial nonprofit organizations. Toward a new assessment of workers' perceived satisfaction and fairness," Department of Economics Working Papers 0409, Department of Economics, University of Trento, Italia.
    13. Roman A. Ohrenstein, 2007. "The Talmudic Doctrine of “The Benefit of a Pleasure”: Psychological Well‐Being in Talmudic Literature," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(4), pages 661-680, October.
    14. J. Kornai., 2002. "The System Paradigm," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 4.
    15. Suzuki, Tomo, 2003. "The accounting figuration of business statistics as a foundation for the spread of economic ideas," Accounting, Organizations and Society, Elsevier, vol. 28(1), pages 65-95, January.
    16. José F. Tudón M., 2019. "Perception, utility, and evolution," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 191-208, December.
    17. Andrew E. Clark, 2018. "Four Decades of the Economics of Happiness: Where Next?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(2), pages 245-269, June.
    18. Kanazawa, Satoshi, 2005. "Is "discrimination" necessary to explain the sex gap in earnings?," Journal of Economic Psychology, Elsevier, vol. 26(2), pages 269-287, April.
    19. Alger, Ingela, 2021. "On the evolution of male competitiveness," Journal of Economic Behavior & Organization, Elsevier, vol. 190(C), pages 228-254.
    20. Botond Kőszegi & Matthew Rabin, 2006. "A Model of Reference-Dependent Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(4), pages 1133-1165.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:rmgtin:v:9:y:2006:i:1:p:63-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1098-1616 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.