Auto-insurance companies are testing smartphone apps that monitor their customers driving habits. 1. How could auto-insurance companies

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Auto-insurance companies are testing smartphone apps that monitor their customers’ driving habits.

1. How could auto-insurance companies use information on driving habits? Is that information private and asymmetric?

2. How might smartphone monitoring of driving habits influence adverse selection and moral hazard?

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Foundations Of Economics

ISBN: 9780134486819

8th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Dec 08, 2023 07:47 AM

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Auto-insurance companies are testing smartphone apps that monitor their customers driving habits. 1. How could auto-insurance companies

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Foundations Of Economics

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