How would you define a risk-neutral individual in the context of making decisions about purchasing insurance?
Define moral hazard and give an example.
What is selection bias? What kind of problem may it pose in health insurance markets?
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How would you define a risk-neutral individual in the context of makin.docx
1. 1. How would you define a risk-neutral individual in the context of making decisions about
purchasing insurance?
2. Define moral hazard and give an example.
3. What is selection bias? What kind of problem may it pose in health insurance markets?