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AEC 251 Oregon State University Exam with Complete Solutions
- Vak
- Instelling
Moral Hazard - ANSWER-the actions that are taken by one party but are relevant for and not observed by the other party in the transaction Moral Hazard Example - ANSWER-"If I can transfer risk and cost of my choices, I might make different choices" "People tend to take more risks if they don't h...
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