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Abstract

This chapter is concerned with the notions of risk management and insurance. It begins by revisiting the premises of the conventional approach to financial literacy and how understandings of risk insurance relate to that framework. It then presents the foundations for a compassionate approach that are rooted in psychological and moral research.

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Lucey, T.A., Agnello, M.F., Laney, J.D. (2015). Risk Management and Insurance. In: A Critically Compassionate Approach to Financial Literacy. SensePublishers, Rotterdam. https://doi.org/10.1007/978-94-6300-130-4_5

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