Insurance companies are using technology to learn more about their customers behavior. Explain how each of the

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Insurance companies are using technology to learn more about their customer’s behavior. Explain how each of the following devices reduces the adverse selection problem.

Which customers are most likely to use the devices?

a. GPS car trackers that monitor speed, time of day, and erratic driving

b. Fitness and diet health trackers

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Microeconomics

ISBN: 9781319245283

6th Edition

Authors: Paul Krugman Robin Wells

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