Risk is the possibility of loss of scarce resources. Risk management is the practice of risk assessment and control and has evolved as a discrete field of study and practice, particularly in four areas of risk management techniques. That is the risk, risk prevention, risk retention and risk transfer, the latter also prevent known as insurance.
So, Law and Economics, insurance is a risk management techniques that are used primarily for any loss caused insured person or organization that interests scarce resources to cover possible losses suffered by one who is interested, male, body or other.
Rare resources listed are divided into three divisions: human resources, financial resources and capital, or real resources.
In the insurance context of scarce resources, also known as the "revelation" because it "exposed" to do something or force, damage or reduction of risk of utility or value that causes an open source.
