Risk, Insurance, and (the Social Construction of) Responsibility
Insurance, we all know, transfers risk. Yet, what we usually think of as a transfer of risk is also a transfer of responsibility. The promise of insurance and other forms of risk management is gaining a measure of control over an uncertain world. Reaching out to insurance institutions for protection cedes responsibility to them. Thus, risk not only creates responsibility, but also, through the means explored in this chapter, socializes that responsibility. Indeed, if we understand the "embrace of risk" to include the embrace of insurance and other aspects of risk management, then we might wonder whether the embrace of risk is "really" about individual responsibility, and we might think more about social control.
|Date of creation:|
|Contact details of provider:|| Web page: http://www.law.uconn.edu/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Butler, Richard J. & Hartwig, Robert P. & Gardner, Harold, 1997. "HMOs, moral hazard and cost shifting in workers' compensation," Journal of Health Economics, Elsevier, vol. 16(2), pages 191-206, April.
When requesting a correction, please mention this item's handle: RePEc:bep:conlaw:uconn_ucwps-1007. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If references are entirely missing, you can add them using this form.