Life insurance--the promise of an insurer to pay a sum upon a person's death in exchange for a regular premium--is a bizarre enterprise. How can we monetize human life? Should we? What statistics do we use, what assumptions do we make, and what behavioral factors do we consider? First published in 1979, Morals and Markets Is a pathbreaking study exploring the development of life insurance in the United States. Viviana A. Rotman Zelizer combines...
Related Subjects
Business Business & Investing Economic Theory Economics Insurance Life Social Science Social Sciences Theory