1.11 Identify each of the following as an adverse selection or a moral hazard problem.

a A person with car insurance fails to lock his car doors when he shops at a mall.

b A person with a family history of cancer purchases the most complete health coverage available.

c A person with health insurance takes more risks on the ski slopes of Aspen than he would otherwise.

d A college professor receives tenure (assurance of permanent employment) from her employer.

e A patient pays his surgeon before she performs the surgery.