Talk:Moral hazard

From Citizendium
Revision as of 12:30, 4 December 2007 by imported>Stephen Saletta
Jump to navigation Jump to search
This article is developing and not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
To learn how to update the categories for this article, see here. To update categories, edit the metadata template.
 Definition Motivation to take an otherwise unwarranted risk because the cost of an unfavourable outcome would be borne by someone other than the risk-taker. [d] [e]
Checklist and Archives
 Workgroup category Economics [Categories OK]
 Talk Archive none  English language variant American English

This is some nice work. I would suggest strengthening the behavioral point of the moral hazard problem: individuals may change their behavior in the presence of insurance rather than the weaker claim that individuals will have less of an incentive to avoid accidents. I think the outline is good as well, when you get it filled out a bit more I'll be happy to clean up some of the grammar if you'd like. Stephen Saletta 12:30, 4 December 2007 (CST)