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

Title: Andy does not bother to lock the door to his house because he has theft insurance. This is an example of:
Post by: jon_i on Jul 21, 2019

Andy does not bother to lock the door to his house because he has theft insurance. This is an example of:
◦ a positive spillover.
◦ moral hazard.
◦ irrational behavior.
◦ adverse selection.

Title: Andy does not bother to lock the door to his house because he has theft insurance. This is an example of:
Post by: meryzewe on Jul 21, 2019

moral hazard.

Title: Andy does not bother to lock the door to his house because he has theft insurance. This is an example of:
Post by: jon_i on Jul 21, 2019

Thanks

Title: Andy does not bother to lock the door to his house because he has theft insurance. This is an example of:
Post by: meryzewe on Jul 21, 2019

Welcome :)