One Solution to the Moral Hazard Problem Is

question 95

Multiple Choice

One solution to the moral hazard problem is:

• A)credible commitments.
• B)credible insurance.
• C)credible statements.
• D)credible actions.

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Definitions:

Consciousness Raising

The process of making an individual more aware of personal, social, or political issues.

Double-bind

A situation in which a person receives contradictory demands or messages, with no appropriate way of responding, often used in the context of family dynamics and schizophrenia.

Genogram

A graphic representation of a family tree that displays detailed data on relationships among individuals, often used in therapy to uncover patterns of behavior or medical history.

Triangle

In psychology, this can refer to triangular theory of love, which defines love in terms of three components: intimacy, passion, and commitment. In geometry, it is a three-sided polygon.