Grignon, Michel; Couffinhal, Agnès; Bardey, David - In: Revue Française d'Économie 18 (2003) 2, pp. 165-197
[eng] When most health economists use the term « moral hazard », they usually refer to the fact that insured individuals tend to have higher health expenses than those who have no or less coverage. In 1968, Pauly demonstrated that this moral hazard generates a welfare loss. Detailing the...
