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Explain two distinct differences between the conventional view of moral hazard and Nyman's view of moral hazard associated with purchase of health insurance coverage.In other
Explain two distinct differences between the conventional view of moral hazard and Nyman's view
of moral hazard associated with purchase of health insurance coverage.In other words, in each
case clearly describe what each view is.[6 points]
A graph is not necessary.Even if you choose to draw graphs, you still need to clearly explain the
differences using your graphs.
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