> ----- Original Message ----- > From: "Michael Perelman" <[EMAIL PROTECTED]> > To: [email protected] > Subject: Re: Moral hazard > Date: Thu, 29 Nov 2007 18:59:52 -0800 > > > Moral hazard came from the insurance industry. For example, because you have > insurance, you may have less incentive to drive carefully. > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail michael at ecst.csuchico.edu > michaelperelman.wordpress.com
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