Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
gcd99br gcd99br
wrote...
Go to Answer
Posts: 428
Rep: 0 0
4 years ago
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.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 81 times
2 Replies
Replies
Answer verified by a subject expert
BobbyDBobbyD
wrote...
#1
Posts: 381
Rep: 52 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gcd99br Author
wrote...
#2
4 years ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1200 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 197
  
 885
  
 650
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?