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Social Science Clinic => Economics => Microeconomics => Topic started by: HCHenry on Jul 21, 2019

Title: Suppose that Harold buys collision insurance for his car and then drives it recklessly. This is an example of:
Post by: HCHenry on Jul 21, 2019

Suppose that Harold buys collision insurance for his car and then drives it recklessly. This is an example of:
◦ moral hazard.
◦ a positive spillover.
◦ adverse selection.
◦ irrational behavior.

Title: Suppose that Harold buys collision insurance for his car and then drives it recklessly. This is an example of:
Post by: amandanbreshears on Jul 21, 2019

moral hazard.

Title: Suppose that Harold buys collision insurance for his car and then drives it recklessly. This is an example of:
Post by: HCHenry on Jul 21, 2019

Thanks

Title: Suppose that Harold buys collision insurance for his car and then drives it recklessly. This is an example of:
Post by: amandanbreshears on Jul 21, 2019

Welcome :)