Angie's List Is an Example Of

question 132

Multiple Choice

Angie's List is an example of:

• A) creating better incentives to prevent moral hazard.
• B) mitigating adverse selection by increasing information.
• C) providing better information to customers to prevent moral hazard.
• D) preventing all forms of information asymmetries.

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Definitions:

Generalization

The process of responding similarly to different but related stimuli, often used in learning and behavior theories.

Social Learning Theory

A theory that posits individuals learn behaviors through observing others and the consequences they face.

Bandura

A psychologist best known for his work on social learning theory, emphasizing the importance of observing and modeling the behaviors of others.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism.