question archive Let's assume a professor guarantees that no one would fail the course if they didn't hand in the exam
Let's assume a professor guarantees that no one would fail the course if they didn't hand in the exam
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Let's assume a professor guarantees that no one would fail the course if they didn't hand in the exam. What kind of problem would the policy likely lead to?
a) Adverse selection
b) Moral hazard
c) Information asymmetry
d) None of the above
Option 1
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Option 2
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