Assume That the Riskiest Individuals in a Given Population Are

question 14

Multiple Choice

Assume that the riskiest individuals in a given population are the ones most likely to apply for health insurance.In this situation a provider of health insurance faces the problem of ________.

• A)moral hazard
• B)opportunity costs
• C)tertiary impedence
• D)adverse selection

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Definitions:

Peripheral Route

In the Elaboration Likelihood Model of persuasion, a way of processing information that does not involve deep thinking and focuses on superficial cues.

Central Route

Part of the Elaboration Likelihood Model of persuasion, it involves thoughtful consideration of the arguments presented.

Postdecisional Dissonance

The psychological discomfort experienced after making a difficult decision, often leading to regret or rationalization of the choice made.

Social Psychology

The scientific study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.