4.8 A health insurance company tries to prevent the moral hazard of excessive dentist visits by limiting

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4.8 A health insurance company tries to prevent the moral hazard of “excessive” dentist visits by limiting the visits per person per year to a specific number.

How does such a restriction affect moral hazard and risk bearing? (Hint: See Q&A 15.4.)

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Oct 08, 2024 06:03 AM

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4.8 A health insurance company tries to prevent the moral hazard of excessive dentist visits by limiting

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Managerial Economics And Strategy

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