David Hemenway (reference below) defines propitious selection as occurring when risk-avoiding personalities both take physical precautions and buy financial security (insurance).
Atlas topic, subject, and course
David Hemenway (1992), Propitious Selection in Insurance, Journal of Risk and Security, Vol. 5, No. 3, pp. 247-251, abstract at http://www.jstor.org/stable/41760665?seq=1#page_scan_tab_contents, accessed 10 May 2016.
Page created by: Ian Clark, last modified 10 May 2016.