Uncertaintyis at the heart of insurance. This is already manifested in our limited knowledge about (observable) past events. In the “real” world all our activities depend on uncertain and unknown circumstances beyond the control of a single...
CITATION STYLE
Zweifel, P., & Eisen, R. (2012). Introduction: Insurance and Its Economic Role (pp. 1–23). https://doi.org/10.1007/978-3-642-20548-4_1
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