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Chako Chako
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8 years ago
The case where people purposely act in a careless way, for example, driving recklessly because they are insured, is called
A) risk aversion.
B) moral hazard.
C) thrill-seeking.
D) bounded rationality.
E) asymmetric information.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
wrote...
#3
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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