To discuss about the issues that arise when a state or other lower public authority has to make policy decisions in areas where there is at the same time moral and scientific uncertainty.
Example of this kind of problem
- public policy of reproductive cloning and
the therapeutic use of term cells, assisted
reproductive technologies, abortion, euthanasia,
capital
Moral hazard
When implementing donation-based admission, market failure can occur because of asymmetric information. Universities can spend money earned through donation in an inefficient way because it is difficult for the government and people to know how the university spends contribution and it is hard to monitor university’s behavior. It is called moral hazard. “Moral hazard is a spec
Moral Hazard와 Adverse Selection을 해소
이용을 의료서비스 공급자 수준에서 통제함으로써 수익디자인 없이 해결
시장 내 모든 보험업자들이 같은 수준으 서비스를 제공하도록 규제 해결
Managed Care 는 정신의료서비스의 비용을 확실이 줄여준다.
초과 overutilization 제거, 비용효과적인 의료서비스
increase of interest rate put people
with housing loan unable to redeem their loan
US government prosecuted 1800 executives of bankrupted S&Ls
Government also enacted ‘Financial Institution Reform, Recovery and Enforcement Act’ to persecute moral hazard
Strong attitude of the administration convinced tax payers of spending public fund to settle the discordant market
Ⅰ. 서론
영어과 교육과정은 지식.정보화 시대에 대비하여 학생들로 하여금 국제 공용어인 영어의 중요성을 알게 하고, 영어에 대한 관심과 흥미를 유지시키며, 영어 의사소통 능력을 기르도록 하는 데 중점을 두었다. 따라서 영어과 교육과정은 일상생활에서 실제 사용할 수 있는 생활 영어를 자연