Details about Michael R. Powers

Access statistics for papers by Michael R. Powers.

Last updated 2015-02-20. Update your information in the RePEc Author Service.

Short-id: ppo62

Working Papers

2016

1. Expected Worth for 2 � 2 Matrix Games with Variable Grid Sizes
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2016) View citations (1)
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2016)

2005

2. A Note on a "Square-Root Rule" for Reinsurance
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

2003

3. Market Bubbles and Wasteful Avoidance: Tax and Regulatory Constraints on Short Sales
   Yale School of Management Working Papers, Yale School of Management
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003)

1999

4. Toward a Theory of Reinsurance and Retrocession
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
   See also Journal Article in Insurance: Mathematics and Economics (2001)

1994

5. Insurance Market Games: Scale Effects and Public Policy
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (6)
   See also Journal Article in Journal of Economics (1998)

Journal Articles

2015

1. Paradox-Proof Utility Functions for Heavy-Tailed Payoffs: Two Instructive Two-Envelope Problems
   Risks, 2015, 3, (1), 1-9

2014

2. The Relationship Between Regulatory Pressure and Insurer Risk Taking
   Journal of Risk & Insurance, 2014, 81, (2), 271-301 View citations (4)

2013

3. Insurance Risk, Risk Measures, and Capital Allocation: Navigating a Copernican Shift
   Annual Review of Financial Economics, 2013, 5, (1), 201-223

2012

4. A risk-based risk finance paradigm
   Journal of Financial Transformation, 2012, 35, 173-178 View citations (1)

2010

5. Diversification, hedging, and “pacification”
   Journal of Risk Finance, 2010, 11, (5), 441-445
6. Infinite-mean losses: insurance's “dread disease”
   Journal of Risk Finance, 2010, 11, (2), 125-128
7. Presbyter takes Knight
   Journal of Risk Finance, 2010, 11, (1), 5-8 View citations (1)
8. Uncertainty principles in risk finance
   Journal of Risk Finance, 2010, 11, (3), 245-248 View citations (2)
9. Where ignorance is bliss: the “dark corner” of risk classification
   Journal of Risk Finance, 2010, 11, (4), 353-357

2009

10. Adverse selection or advantageous selection? Risk and underwriting in China's health-insurance market
    Insurance: Mathematics and Economics, 2009, 44, (3), 505-510 View citations (4)
11. Constant-sum sampling: an apology for statistics' “original sin”
    Journal of Risk Finance, 2009, 10, (4), 317-320
12. Insurance regulation in America – playing out of its league
    Journal of Risk Finance, 2009, 10, (1), 5-6 View citations (1)
13. Life‐insurance Efficiency in China: A Comparison of Foreign and Domestic Firms
    China & World Economy, 2009, 17, (6), 43-63 View citations (4)
14. Rethinking risk and return: Part 1 – novel norms for non-normality?
    Journal of Risk Finance, 2009, 10, (2), 101-106 View citations (2)
15. Rethinking risk and return: part 2 – some felicitous Fourier frequencies
    Journal of Risk Finance, 2009, 10, (3), 205-209 View citations (3)
16. Risk and Return Measures for a Non-Gaussian World
    Journal of Financial Transformation, 2009, 25, 51-54
17. The valuation of contingent capital with catastrophe risks
    Insurance: Mathematics and Economics, 2009, 45, (1), 65-73 View citations (15)

2008

18. Combining information about … combining information
    Journal of Risk Finance, 2008, 9, (5), 417-421
19. Lanchester resurgent? The mathematics of terrorism risk
    Journal of Risk Finance, 2008, 9, (3), 225-231
20. Social Stability and Catastrophe Risk: Lessons From the Stag Hunt
    Journal of Theoretical Politics, 2008, 20, (4), 477-497 View citations (2)
21. The nature of randomness: Part 1 – Knowable or unknowable?
    Journal of Risk Finance, 2008, 9, (1), 5-8
22. The nature of randomness: Part 2 – Cognitive constraints
    Journal of Risk Finance, 2008, 9, (2), 101-105
23. The sequential sawyer – a tale of frequentist fright
    Journal of Risk Finance, 2008, 9, (4), 313-316

2007

24. Human mortality: written in the stars?
    Journal of Risk Finance, 2007, 8, (1), 5-10
25. Intuition and surprise
    Journal of Risk Finance, 2007, 8, (5), 429-433 View citations (1)
26. Sharing responsibility: what they didn't teach you in kindergarten
    Journal of Risk Finance, 2007, 8, (2), 93-96
27. Thoughts on the “scientific method”: part 1 – ignorance through inconsistency
    Journal of Risk Finance, 2007, 8, (3), 209-213 View citations (1)
28. Thoughts on the “scientific method”: part 2 – frequentist fecklessness
    Journal of Risk Finance, 2007, 8, (4), 325-329 View citations (1)

2003

29. Of happy and hapless regulators: the asymptotics of ruin
    Insurance: Mathematics and Economics, 2003, 32, (2), 317-330 View citations (3)

2001

30. EDITOR'S INTRODUCTION: AUTOMOBILE INSURANCE: THE “MODAL” PROPERTY‐LIABILITY LINE
    Risk Management and Insurance Review, 2001, 4, (1), 35-38
31. Toward a theory of reinsurance and retrocession
    Insurance: Mathematics and Economics, 2001, 29, (2), 271-290 View citations (1)
    See also Working Paper (1999)

1999

32. WHAT IS “INSURANCE”? LESSONS FROM THE CAPTIVE INSURANCE TAX CONTROVERSY
    Risk Management and Insurance Review, 1999, 2, (2), 72-80 View citations (3)

1998

33. Insurance Premium Taxes: a Lump-Sum Proposal
    Public Finance Review, 1998, 26, (1), 53-66
34. Insurance market games: Scale effects and public policy
    Journal of Economics, 1998, 67, (2), 109-134 View citations (5)
    See also Working Paper (1994)
35. On the tradeoff between the law of large numbers and oligopoly in insurance
    Insurance: Mathematics and Economics, 1998, 23, (2), 141-156 View citations (8)

1995

36. A theory of risk, return and solvency
    Insurance: Mathematics and Economics, 1995, 17, (2), 101-118 View citations (10)
37. Captive Insurance Tax Policy: Resolving a Global Problem
    The Geneva Papers on Risk and Insurance - Issues and Practice, 1995, 20, (2), 197-229

Editor

1. Asia-Pacific Journal of Risk and Insurance
   De Gruyter