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An Examination of Alternative Approaches to Risk Management and Insurance Research

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...

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Bibliographic Details
Published in:Risk management and insurance review 2006-03, Vol.9 (1), p.63-74
Main Authors: Dorfman, Mark S., Tippins, Steven C.
Format: Article
Language:English
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Summary: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.
ISSN:1098-1616
1540-6296
DOI:10.1111/j.1540-6296.2006.00085.x