Psychology professor publishes model about risk management, cooperation in small scale societies May 27, 2021
What can we learn from developing societies around the world about mitigating risk and sharing resources during a disaster?
When disasters happen, we often have to rely on others to help us get through. In our modern world, many of us rely on commercial insurance that we buy through the market to manage our risk. But managing risk is an ancient human practice one that has roots going far back in our evolutionary history. We can catch a glimpse of these fundamentally human risk management strategies by looking at small-scale societies around the world.