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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: If a doctor knows that an insurance company will pay for most of a patient's bill, the doctor has mo
Post by: Tidy on Jun 20, 2015
If a doctor knows that an insurance company will pay for most of a patient's bill, the doctor has more of an incentive to require additional medical procedures and tests, even if the patient may not require them. This is an example of
A) moral hazard.
B) the principle-agent problem.
C) asymmetric information.
D) adverse selection.


Title: Re: If a doctor knows that an insurance company will pay for most of a patient's bill, the doctor ha
Post by: VincenzoD on Aug 1, 2015
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