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

Title: Recall the Application about how having car insurance affects driving behavior to answer the ...
Post by: maegan_martin on Jul 21, 2019

Recall the Application about how having car insurance affects driving behavior to answer the following
question(s).


Recall the Application. The idea that an insured driver, who bears less than the full cost of a collision, will drive less carefully than an uninsured driver is an example of:
◦ a thin market.
◦ adverse selection.
◦ moral hazard.
◦ asymmetric information.

Title: Recall the Application about how having car insurance affects driving behavior to answer the ...
Post by: mtmmmmmk on Jul 21, 2019

moral hazard.

Title: Recall the Application about how having car insurance affects driving behavior to answer the ...
Post by: maegan_martin on Jul 21, 2019

Excellent

Title: Recall the Application about how having car insurance affects driving behavior to answer the ...
Post by: mtmmmmmk on Jul 21, 2019

Great! Please up vote :D