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| Author: | Ericson, R. Barry, D. Doyle, A. |
| Title: | The moral hazards of neo-liberalism: lessons from the private insurance industry |
| Journal: | Economy and Society
2000 : NOV, VOL. 29:4, p. 532-558 |
| Index terms: | MORAL HAZARD LIBERALISM INSURANCE |
| Language: | eng |
| Abstract: | The key tenets of neo-liberalism regarding risk, governance and responsibility are critically evaluated through an empirical study of the private insurance industry. Recent tendencies in this industry towards increasing segmentation of consumers regarding risk, and towards an expansion of private policing of insurance fraud, are analysed. The definition of a moral hazard is broadened to include all parties in the insurance relationship, not just the insured. |
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