Results for 'actuarial fairness'

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  1. What was fair in actuarial fairness?Antonio J. Heras, Pierre-Charles Pradier & David Teira - 2020 - History of the Human Sciences 33 (2):91-114.
    In actuarial parlance, the price of an insurance policy is considered fair if customers bearing the same risk are charged the same price. The estimate of this fair amount hinges on the expected value obtained by weighting the different claims by their probability. We argue that, historically, this concept of actuarial fairness originates in an Aristotelian principle of justice in exchange (equality in risk). We will examine how this principle was formalized in the 16th century and shaped (...)
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  2.  48
    How Fair Is Actuarial Fairness?Xavier Landes - 2015 - Journal of Business Ethics 128 (3):519-533.
    Insurance is pervasive in many social settings. As a cooperative device based on risk pooling, it serves to attenuate the adverse consequences of various risks by offering policyholders coverage against the losses implied by adverse events in exchange for the payment of premiums. In the insurance industry, the concept of actuarial fairness serves to establish what could be adequate, fair premiums. Accordingly, premiums paid by policyholders should match as closely as possible their risk exposure. Such premiums are the (...)
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  3. A Contractarian Approach to Actuarial Fairness.Antonio J. Heras, Pierre-Charles Pradier & David Teira - forthcoming - Journal of Business Ethics:1-10.
    We defend, from a contractarian perspective, that the fair price of an insurance policy is the amount that the contracting parties agree when they are both equally uncertain about the insured event. Drawing on the approach developed by R. Sugden in _The Community of Advantage_, we answer two standard objections raised against contractarianism in the actuarial sciences: (1) people are not wise enough to assess their actuarial risks; (2) they are not rational enough to decide which insurance policy (...)
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  4.  28
    Fairness in Uncertainty: Some Limits and Misinterpretations of Actuarial Fairness.Sylvestre Frezal & Laurence Barry - 2020 - Journal of Business Ethics 167 (1):127-136.
    The recent proliferation of new data and technologies enables increasingly finer personalization of products and prices in every domain. In insurance, this revives and enlarges old debates around fairness that have never been completely settled. We will argue that the commonly accepted “actuarial fairness” as based on the “individual cost of risk” derives in fact from a conflation: while it indicates the average cost for a group of insureds from the perspective of an insurance company—and is therefore (...)
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  5. Social Justice and the Future of Flood Insurance.John O'Neill & Martin O'Neill - 2012 - Joseph Rowntree Foundation.
    What would be a fair model for flood insurance? Catastrophic flooding has become increasingly frequent in the UK and, with climate change, is likely to become even more frequent in the future. With the UK's current flood insurance regime ending in 2013, we argues that: -/- - there is an overwhelming case for rejecting a free market in flood insurance after 2013; - this market-based approach threatens to leave many thousands of properties uninsurable, leading to extensive social blight; - there (...)
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  6.  39
    Run for Your Life: The Ethics of Behavioral Tracking in Insurance.Etye Steinberg - 2022 - Journal of Business Ethics 179 (3):665-682.
    In recent years, insurance companies have begun tracking their customers’ behaviors and price premiums accordingly. Based on the Market-Failures Approach as well as the Justice-Failures Approach, I provide an ethical analysis of the use of tracking technologies in the insurance industry. I focus on the use of telematics in car insurance and on the use of fitness tracking in life insurance. The use of tracking has some important benefits to policyholders and insurers alike: it reduces moral hazard and fraud, increases (...)
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  7. Reasonable restrictions on underwriting.Joseph Heath - unknown
    Few issues in business ethics are as polarizing as the practice of risk classification and underwrit­ ing in the insurance industry. Theorists who approach the issue from a background in economics often start from the assumption that policy-holders should be charged a rate that reflects the ex­ pected loss that they bring to the insurance scheme. Yet theorists who approach the question from a background in philosophy or civil rights law often begin with a presumption against socalled “actuarially fair” premiums (...)
     
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  8.  24
    Genetics and the Moral Mission of Health Insurance.Thomas H. Murray - 1992 - Hastings Center Report 22 (6):12-17.
    Deciding whether genetic differences among individuals are morally relevant to health insurance requires us to ask, What kind of good is health care? and, What principles should govern its distribution? There are good reasons to doubt that “actuarial fairness” is an adequate description of genuine fairness in health insurance.
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  9. Business Intelligence and Ambient Intelligence-Some thoughts on the main trends of business information processing, their opportunities, prob-lems and limitations.Oliver Siemoneit - 2009 - International Review of Information Ethics 10:02.
    Ambient Intelligence, often also referred to as Pervasive Computing, Ubiquitous Computing or Context-Aware Computing, is supposed to have a lot of advantages for future business information processing. However, as in many cases, technological developments do not only provide opportunities, improve work conditions and make life more comfort for customers, but they also give rise to new problems. Aim of this paper is to discuss the pros and cons of Ambient Intelligence for future business intelligence on the basis of two scenarios. (...)
     
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  10.  21
    Social Solidarity in Health Care, American-Style.Erin C. Fuse Brown, Matthew B. Lawrence, Elizabeth Y. McCuskey & Lindsay F. Wiley - 2020 - Journal of Law, Medicine and Ethics 48 (3):411-428.
    The ACA shifted U.S. health policy from centering on principles of actuarial fairness toward social solidarity. Yet four legal fixtures of the health care system have prevented the achievement of social solidarity: federalism, fiscal pluralism, privatization, and individualism. Future reforms must confront these fixtures to realize social solidarity in health care, American-style.
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  11.  13
    A Mutual Aid Society?Timothy Stoltzfus Jost - 2012 - Hastings Center Report 42 (5):14-16.
    In her classic 1993 article, “The Struggle for the Soul of Health Insurance,” Deborah Stone contrasted the principle of mutual aid—“the essence of community” in the face of sickness—and the principle of actuarial fairness, under which “each person should pay for his own risk.” Stone claimed that “in most societies sickness is widely accepted as a condition that should trigger mutual aid,” while in the United States, a competitive insurance industry fosters in people “a sense of their difference, (...)
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  12.  40
    Uncertain indemnity and the demand for insurance.Kangoh Lee - 2012 - Theory and Decision 73 (2):249-265.
    This paper considers the demand for insurance in a model with uncertain indemnity. Uncertain indemnity tends to increase the demand for insurance for precautionary reasons, but it also tends to decrease the demand due to the risk created by indemnity uncertainty. When the coefficient of relative prudence is not too large, uncertain indemnity reduces the demand for insurance and partial coverage is optimal even at actuarially fair premiums. In addition, insurance may be an inferior good or a normal good, depending (...)
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  13.  19
    Firm’s protection against disasters: are investment and insurance substitutes or complements?Giuseppe Attanasi, Laura Concina, Caroline Kamaté & Valentina Rotondi - 2020 - Theory and Decision 88 (1):121-151.
    We use a controlled laboratory experiment to study firm’s protection against potential technological damages. The probability of a catastrophic event is known, and the firm’s costly investment in safety reduces it. The firm can also buy an insurance with full or partial refund against the consequences of the catastrophic event, which ultimately reduces the variance of the firm’s investment-in-safety lottery. The firm makes these two choices simultaneously, after observing the insurance contract proposed by an insurer who chooses this contract within (...)
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  14.  75
    Reassessing insurers' access to genetic information: Genetic privacy, ignorance, and injustice.Eli Feiring - 2008 - Bioethics 23 (5):300-310.
    Many countries have imposed strict regulations on the genetic information to which insurers have access. Commentators have warned against the emerging body of legislation for different reasons. This paper demonstrates that, when confronted with the argument that genetic information should be available to insurers for health insurance underwriting purposes, one should avoid appeals to rights of genetic privacy and genetic ignorance. The principle of equality of opportunity may nevertheless warrant restrictions. A choice-based account of this principle implies that it is (...)
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  15. Genetic testing and insurance: The complexity of adverse selection.Maureen Durnin, Michael Hoy & Michael Ruse - 2012 - Ethical Perspectives 19 (1):123-54.
    The debate on whether insurance companies should be allowed to use results of individuals’ genetic tests for underwriting purposes has been both lively and increasingly relevant over the past two decades. Yet there appears to be no widely agreed upon resolution regarding appropriate and effective regulation. There exists today a gamut of recommendations and actual practices addressing this phenomenon ranging from laissez-faire to voluntary industry moratoria to strict legal prohibition. One obvious reason for such a variance in views and approaches (...)
     
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  16.  14
    Genetics and Life Insurance: Medical Underwriting and Social Policy.Arthur L. Caplan - 2004 - MIT Press.
    Experts discuss the economic, legal, and social issues surrounding the use of genetic testing in determining eligibility for life insurance. Insurance companies routinely use an individual's medical history and family medical history in determining eligibility for life insurance; this is part of the process of medical underwriting. Insurers have also long used genetic information, often derived from family history, in underwriting. But rapid advances in gene identification and genetic testing are changing the way we look at genetic information. Should the (...)
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  17.  11
    Reviews in Medical Ethics: Medicare: Where is the Common Sense? A Review of Medicare Meets Mephistopheles by David A. Hyman.David Blazina, Erin Willoughby & Robin Fretwell Wilson - 2006 - Journal of Law, Medicine and Ethics 34 (4):821-825.
    In his deliciously funny book, Medicare Meets Mephistopheles, Professor David Hyman argues that Medicare corrupts our most base impulses. It urges us, for example, to grab for more than our fair share of benefits while offering providers “the prospect of staggering amounts of money – even as…actuaries were promising Congress that the Medicare program would be easily affordable.” Modeled on C.S. Lewis’ The Screwtape Letters, Professor Hyman's satirical examination of Medicare takes the form of a memo to Satan from an (...)
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  18.  11
    Reviews in Medical Ethics: Medicare: Where is the Common Sense? A Review of Medicare Meets Mephistopheles by David A. Hyman.David Blazina, Erin Willoughby & Robin Fretwell Wilson - 2006 - Journal of Law, Medicine and Ethics 34 (4):821-825.
    In his deliciously funny book, Medicare Meets Mephistopheles, Professor David Hyman argues that Medicare corrupts our most base impulses. It urges us, for example, to grab for more than our fair share of benefits while offering providers “the prospect of staggering amounts of money – even as…actuaries were promising Congress that the Medicare program would be easily affordable.” Modeled on C.S. Lewis’ The Screwtape Letters, Professor Hyman's satirical examination of Medicare takes the form of a memo to Satan from an (...)
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  19.  13
    Reviews in Medical Ethics: Medicare: Where is the Common Sense? A Review of Medicare Meets Mephistopheles by David A. Hyman.David Blazina, Erin Willoughby & Robin Fretwell Wilson - 2006 - Journal of Law, Medicine and Ethics 34 (4):821-825.
    In his deliciously funny book, Medicare Meets Mephistopheles, Professor David Hyman argues that Medicare corrupts our most base impulses. It urges us, for example, to grab for more than our fair share of benefits while offering providers “the prospect of staggering amounts of money – even as…actuaries were promising Congress that the Medicare program would be easily affordable.” Modeled on C.S. Lewis’ The Screwtape Letters, Professor Hyman's satirical examination of Medicare takes the form of a memo to Satan from an (...)
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  20.  13
    The credit they deserve: contesting predictive practices and the afterlives of red-lining.Emily Katzenstein - forthcoming - Contemporary Political Theory:1-21.
    Racial capitalism depends on the reproduction of an existing racialized economic order. In this article, I argue that the disavowal of past injustice is a central way in which this reproduction is ensured and that market-based forms of knowledge production, such as for-profit predictive practices, play a crucial role in facilitating this disavowal. Recent debates about the fairness of algorithms, data justice, and predictive policing have intensified long-standing controversies, both popular and academic, about the way in which statistical and (...)
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  21.  34
    Competton and Fair Play.Fair Play - 2007 - In William J. Morgan (ed.), Ethics in Sport. Human Kinetics. pp. 103.
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  22. Causation and the flow of energy.David Fair - 1979 - Erkenntnis 14 (3):219 - 250.
    Causation has traditionally been analyzed either as a relation of nomic dependence or as a relation of counterfactual dependence. I argue for a third program, a physicalistic reduction of the causal relation to one of energy-momentum transference in the technical sense of physics. This physicalistic analysis is argued to have the virtues of easily handling the standard counterexamples to the nomic and counterfactual analyses, offering a plausible epistemology for our knowledge of causes, and elucidating the nature of the relation between (...)
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  23.  20
    Socrates in the schools: Gains at three-year follow-up.Frank Fair, Lory E. Haas, Carol Gardosik, Daphne Johnson, Debra Price & Olena Leipnik - 2015 - Journal of Philosophy in Schools 2 (2).
    Three recent research reports by Topping and Trickey, by Fair and colleagues, and by Gorard, Siddiqui and Huat See have produced data that support the conclusion that a Philosophy for Children program of one-hour-per-week structured discussions has a marked positive impact on students. This article presents data from a follow up study done three years after the completion of the study reported in Fair et al.. The data show that the positive gains in scores on the Cognitive Abilities Test were (...)
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  24.  60
    Socrates in the schools from Scotland to Texas: Replicating a study on the effects of a Philosophy for Children program.Frank Fair, Lory E. Haas, Carol Gardosik, Daphne D. Johnson, Debra P. Price & Olena Leipnik - 2015 - Journal of Philosophy in Schools 2 (1):18-37.
    In this article we report the findings of a randomised control clinical trial that assessed the impact of a Philosophy for Children program and replicated a previous study conducted in Scotland by Topping and Trickey. A Cognitive Abilities Test was administered as a pretest and a posttest to randomly selected experimental groups and control groups. The students in the experimental group engaged in philosophy lessons in a setting of structured, collaborative inquiry in their language arts classes for one hour per (...)
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  25.  21
    ¿ Es política la justicia como equidad?Is Politics Justice as Fairness - 2013 - Ideas Y Valores 62 (152).
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  26.  49
    Socrates in the schools from Scotland to Texas: Replicating a study on the effects of a Philosophy for Children program.Frank Fair, Lory E. Haas, Carol Gardoski, Daphne Johnson, Debra Price & Olena Leipnik - 2015 - Journal of Philosophy in Schools 2 (1).
    In this article we report the findings of a randomised control clinical trial that assessed the impact of a Philosophy for Children program and replicated a previous study conducted in Scotland by Topping and Trickey. A Cognitive Abilities Test was administered as a pretest and a posttest to randomly selected experimental groups and control groups. The students in the experimental group engaged in philosophy lessons in a setting of structured, collaborative inquiry in their language arts classes for one hour per (...)
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  27.  87
    Socrates in the schools: Gains at three-year follow-up.Frank Fair, Lory E. Haas, Carol Gardoski, Daphne Johnson, Debra Price & Olena Leipnik - 2015 - Journal of Philosophy in Schools 2 (2).
    Three recent research reports by Topping and Trickey, by Fair and colleagues, and by Gorard, Siddiqui and Huat See have produced data that support the conclusion that a Philosophy for Children program of one-hour-per-week structured discussions has a marked positive impact on students. This article presents data from a follow up study done three years after the completion of the study reported in Fair et al.. The data show that the positive gains in scores on the Cognitive Abilities Test were (...)
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  28.  10
    Socrates in the schools: Gains at three-year follow-up.Frank Fair, Lory E. Haasa, Carol Gardosik, Daphne Johnson, Debra Price & Olena Leipnik - 2015 - Journal of Philosophy in Schools 2 (2):5-16.
    Three recent research reports by Topping and Trickey, by Fair and colleagues, and by Gorard, Siddiqui and Huat See have produced data that support the conclusion that a Philosophy for Children program of one-hour-per-week structured discussions has a marked positive impact on students. This article presents data from a follow up study done three years after the completion of the study reported in Fair et al.. The data show that the positive gains in scores on the Cognitive Abilities Test were (...)
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  29.  9
    La hegemonia en su mutuo anudamiento óntico-ontológico en la teoria política de Ernesto Laclau.Hernán Fair - 2019 - Trans/Form/Ação 42 (2):165-194.
    Resumen: Este artículo analiza cómo se encadenan los planos de lo ontológico y lo óntico en la Teoría Política del Discurso de Ernesto Laclau. Se concluye que, desde el plano ontológico, la hegemonía constituye una forma político-discursiva de articulación y universalización relativa, precaria, contingente y parcial de los particularismos en significantes vacíos que actúan como puntos nodales. Desde el nivel fenoménico-político, Laclau pone en juego estos conceptos para mostrar el desplazamiento y contaminación discursiva entre lo particular y lo universal en (...)
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  30. The Fallacy of Many Questions.Frank Fair - 1973 - Southwestern Journal of Philosophy 4 (1):89-92.
    In this article I explore two accounts of the Fallacy of Many Questions made famous by the question "Have you stopped beating your wife?" The accounts are from the works of Lennart Aqvist and Noel Belnap, and the two authors differ in their accounts of the fallacy. Then I give my own account based on understanding a facet of erotetic logic, i. e., the logic of questions.
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  31.  98
    Provability and mathematical truth.David Fair - 1984 - Synthese 61 (3):363 - 385.
    An insight, Central to platonism, That the objects of pure mathematics exist "in some sense" is probably essential to any adequate account of mathematical truth, Mathematical language, And the objectivity of the mathematical enterprise. Yet a platonistic ontology makes how we can come to know anything about mathematical objects and how we use them a dark mystery. In this paper I propose a framework for reconciling a representation-Relative provability theory of mathematical truth with platonism's valid insights. Besides helping to clarify (...)
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  32.  35
    A Word to INQUIRY Readers.Frank Fair - 2010 - Inquiry: Critical Thinking Across the Disciplines 25 (2):4-4.
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  33.  34
    Buddhism, Christianity, and Modern Science: A Response to Masao Abe.Frank Fair - 2005 - Buddhist-Christian Studies 25 (1):67.
    In lieu of an abstract, here is a brief excerpt of the content:Buddhism, Christianity, and Modern Science:A Response to Masao AbeFrank FairAfter number of years of teaching philosophy of science, a few years ago I took up the challenge of teaching philosophy of religion. As one might imagine, it has always seemed to me to be important that our religious convictions harmonize with our best scientific knowledge of how the world works, and this became a more interesting issue when the (...)
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  34. Contribuciones desde el post-estructuralismo lacaniano al debate epistemológico sobre la objetividad y la neutralidad valorativa.Hernán Fair - 2009 - Revista de Filosofía (Venezuela) 63 (3):35-63.
    En este trabajo se intenta elaborar una indagación epistemológica crítica que contribuya a enriquecer al debate sobre la posibilidad o imposibilidad de abordar los fenómenos de las ciencias sociales y humanísticas de una manera neutral y/o objetiva.. A partir de un enfoque centrado en la teoría post-estructuralista francesa y, más específicamente, en los aportes brindados por el psicoanálisis lacaniano, se concluirá que el psicoanálisis, en su vertiente lacaniana, y retomado de un modo distinto por otros autores, como Zizek, ha mostrado (...)
     
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  35.  8
    Commentary on: Benjamin Hamby's "Willingness to inquire: The cardinal critical thinking virtue".Frank Fair - unknown
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  36.  12
    Copyright Permission and Disclaimer.Frank Fair - 2011 - Inquiry: Critical Thinking Across the Disciplines 26 (1):2-2.
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  37.  30
    Domietta Torlasco (2008) The Time of the Crime: Phenomenology, Psychoanalysis, Italian Film.Alan Fair - 2010 - Film-Philosophy 14 (1):303-309.
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  38.  16
    Epistemological assumptions to the development of a method of socio-political discourse analysis from the perspective of Laclau.Hernán Fair - 2014 - Cinta de Moebio 51:137-155.
    The paper examines the epistemological side of the Laclau’s political theory, incorporating tools that aim to convert discourse theory into a rigorous, useful, and valid method for socio-political and critical analysis in social sciences. In the first part, it displays some epistemological assumptions and arguments. The second part analyses some problematic epistemological aspects derived from the arguments. The proposal is based on Laclau’s main texts, complementing the analysis with related tools from critical hermeneutics and existential phenomenology. It is argued that (...)
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  39.  6
    El sistema global neoliberal.Hernán Fair - 2008 - Polis 21.
    En los últimos 30 años asistimos a un drástico proceso de cambio que ha modificado profundamente los parámetros con los que se guiaba la relación entre el Estado y la Sociedad civil. Este proceso, ligado a la hegemonización mundial del neoliberalismo, ha generado intensas transformaciones en los diversos campos. Este artículo se propone indagar en esas transformaciones. Para ello, examina las características principales que definen a este paradigma, dando cuenta de la apropiación que han hecho sus principales teóricos del concepto (...)
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  40.  5
    El vínculo sujeto-estructura en la teoría política de Ernesto Laclau: fases históricas, desplazamientos y rupturas.Hernán Fair - 2021 - Las Torres de Lucca: Revista Internacional de Filosofía Política 10 (19):141-156.
    Este artículo investiga los vínculos entre el sujeto y la estructura en el transcurso de la teoría política de Ernesto Laclau, integrando sus aspectos teóricos, onto-epistemológicos y axiológico-normativos. A través de la sistematización de sus principales trabajos escritos durante el período 1977-2014, se indaga en sus contribuciones al debate Agente-Estructura y se propone una periodización compleja de su obra. Mediante una articulación pragmática de conceptos del (pos)estructuralismo, el psicoanálisis, la deconstrucción, la fenomenología, el marxismo y la filosofía posanalítica, a partir (...)
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  41.  34
    From the Editor's Desk.Frank Fair - 2012 - Inquiry: Critical Thinking Across the Disciplines 27 (3):3-4.
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  42.  20
    INQUIRY in Transition.Frank Fair - 2010 - Inquiry: Critical Thinking Across the Disciplines 25 (1):6-6.
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  43.  13
    La elusión del síntoma social del capitalismo contemporáneo.Hernán Fair - 2009 - Utopía y Praxis Latinoamericana 14 (46):83-99.
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  44. La globalización neoliberal: Transformaciones y efectos de un discurso hegemónico.Hernán Fair - 2008 - Kairos: Revista de Temas Sociales 21:1.
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  45. La política del psicoanálisis frente al discurso de la racionalidad cientificista: lucha desigual, más no imposible.Hernán Fair - 2008 - A Parte Rei 60:13.
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  46. Las relaciones políticas entre el menemismo y las Fuerzas Armadas: Un análisis histórico-político del período 1989-1995.Hernán Fair - 2011 - Kairos: Revista de Temas Sociales 27:3.
     
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  47.  2
    Mitos y creencias en torno a la teoría post-marxista de la hegemonía de Ernesto Laclau.Hernán Fair - 2014 - Eikasia Revista de Filosofía 55:123-138.
    La teoría post-marxista y post-estructuralista de Ernesto Laclau representa, actualmente, una de las perspectivas más relevantes para el análisis filosófico de la política. Sin embargo, mantiene un elevado nivel de abstracción y de complejidad conceptual, promoviendo una multiplicidad de interpretaciones divergentes. Sin asumir la defensa de un objetivismo, el presente trabajo se propone analizar algunos mitos y creencias vinculados a la obra laclausiana. De este modo, se busca contribuir a estimular el debate y la crítica sobre sus principales postulados.
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  48.  10
    Nudo borromeo y teoría del discurso. Contribuciones para el análisis de identidades, fenómenos y procesos políticos y sociales.Hernán Fair - 2021 - Foro Interno. Anuario de Teoría Política 21:17-32.
    Este trabajo explora algunos usos innovadores de la figura del nudo borromeo de la teoría lacaniana con el objetivo de complejizar y fortalecer la investigación social desde el Análisis Político del Discurso. En la primera parte: se distinguen tres modalidades discursivas de anudamiento borromeico que entrelazan lo Real, lo Simbólico y lo Imaginario a nivel espacial y temporal; se distingue entre los tipos de anudamientos, su extensión, su intensidad y su tiempo de estructuración y sedimentación social; se analiza la dinámica (...)
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  49.  27
    Philosophy of Psychology.Frank Fair - 1985 - Teaching Philosophy 8 (2):176-177.
  50.  49
    Tacts™.Frank Fair, John Miller, Valerie Muehsam & Wendy Elliott - 2010 - Inquiry: Critical Thinking Across the Disciplines 25 (2):37-41.
    When the accrediting association for collegiate schools of business, AACSB International, reformulated its accreditation standards to include a systematic assessment of undergraduates’ progress in analytic and reflective thinking, our interdisciplinary team looked at available instruments. Logistical problems, concerns about validity, and an interest in assessing quantitative skills not covered in the available instruments led us to devise the Texas Assessment of Critical Thinking Skills™ (TACTS™). As part of the process we followed a suggestion from Scriven and Fisher and incorporated novel (...)
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