Examlex
Why has it been so difficult to develop the ideal system for classifying mental disorders?
Moral Hazard
A situation where one party engages in risky behavior knowing that it is protected against the consequences, often due to asymmetric information.
Recklessly
Acting with a lack of concern for the risk or negative consequences of one's actions.
Airbags
Safety devices in vehicles designed to inflate rapidly in the event of a collision to prevent or reduce injury to passengers by limiting direct impact.
Asymmetric Information
A situation in which one party in a transaction has more or superior information compared to another, leading to potential advantages or disadvantages in the transaction.
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