Butler, Richard J.; Gardner, Harold H. - In: Foundations and Trends(R) in Microeconomics 5 (2011) 8, pp. 477-528
In this paper we review and extend the analysis of moral hazard response in two relatively unexamined empirical directions: (1) how insurance changes in one program affects employee participation in other programs at a point in time (<italic>inter-program moral hazard</italic>), and (2) how the consumption of...