PERSONAL BANKRUPTCY A RISK MANAGEMENT TECHNIQUE: POLICY IMPLICATIONS

Mark L. Power, Tahira K. Hira and Roger P. Murphy

Risk Management and Insurance Review, 1999, vol. 2, issue 2, 81-103

Abstract: Abstract: The purpose of this paper is to extend the risk management paradigm to include the decision by individuals to use the Federal Bankruptcy Act to manage personal financial risks. Broadening risk management to include personal bankruptcy is consistent with the view that risk management is no longer an interdisciplinary discipline that has a singular focus on managing corporate pure risks.

Date: 1999
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https://doi.org/10.1111/j.1540-6296.1999.tb00054.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:rmgtin:v:2:y:1999:i:2:p:81-103

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