Lecture 8: Managing Risk with Insurance
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- What is the goal of risk management for an individual, and how is
managing household risk different from managing risk of a corporation? - :K\GRQ¶WSHRSOHEX\WKHLQVXUDQFHWKH\QHHGWKHPRVWDQGZK\PLJKW
they be attracted to insurance that is least valuable according to a life
cycle framework?
Questions to Consider
Suggested Reading