--%>
Assignment Help - homework help

Moral Hazard evidence

Cameron is performing a research project on whale migration at Pacific Ocean. To assist with this research she hires a Ph.D. from the MIT to make computer software to organize data, paying the software genius $150,000 for his services. The Ph.D. assures Cameron that the software is succeeding nicely and the research group will be much satisfied with the Cameron’s final presentation. When time comes for the Cameron to present the software to her supporters, the computer software is less than what the computer brilliance promised as he has been working on the other projects, and financial support for research melts gone. This is most obviously evidence of: (i) Symmetric information. (ii) Moral hazard. (iii) Adverse selection. (iv) Consumer fraud. (v) Confidence scam.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : AFC curve What does AFC curve appear

    What does AFC curve appear like? Why does it appear so?

    		•
  • Q : Difficulty of competitive firms to

    Competitive firms determine this difficult to exploit consumers as: (w) consumer boycotts generate bad publicity. (x) market distributions of products are uniformly fair. (y) government price ceilings equivalent opportunity costs. (z) prices that exceed costs attract

    		•
  • Q : Asymmetric Information Can someone help

    Can someone help me in finding out the right answer from the given options. The employer who amplifies the safety of a place or prospects for advancement to the job applicants makes inefficiencies (or arguable inequities) since of: (1) Signaling. (2) Credentialism. (3

    		•
  • Q : Ex-ante investment Ex-ante investment :

    Ex-ante investment: This is planned or desired investment throughout a specific period.

    		•
  • Q : Monopolistic-Exploitation problem In

    In equilibrium for the price maker firm, the rate of monopolistic exploitation is the difference between: (i) P and MR. (ii) P and MC. (iii) Total revenue and net cost per unit of output. (iv) Output price and rate of monopsonistic exploitation. (v) VMP and MRP.

    		•
  • Q : Choosing a statistical Model Choosing a

    Choosing a statistical Model: A number of problems arise in determining whether the work is truly rigorous or not. It is important to determine whether the model chosen makes theoretical and intuitive sense. <

    		•
  • Q : Vigorously competitive market

    Economic rents which can be capitalized are least possible to arise by: (1) production cost advantages. (2) proprietary knowledge. (3) being first to market a differentiable new product or to innovate a new production technology. (4) a vigorously comp

    		•
  • Q : Problem on enhanced interstate highways

    Can someone help me in finding out the right answer from the given options. In the year 1950 the federal government enhanced interstate highways, therefore decreasing the: (1) Demand for and the volume of highway travel. (2) Growth rate of city sprawl. (3) Demand for

    		•
  • Q : Implicit Costs-Value of time

    Congratulations! You have made a fortune after establishing the firm which publishes bestselling books of the economic poetry. Your implicit costs comprise: (1) Salaries for your firm’s website designer. (2) The value of your time. (3) Fees for cleaning the serv

    		•
  • Q : Price elasticity of supply when demand

    When increased demand causes the price of main beluga caviar to climb from $2750 to $3250 per pound and consequently world production rises from 24 to 40 tons yearly, its caviar has a price elasticity of supply approx

    		•