JSC437
Distinguished Member
- Joined
- Nov 13, 2008
- Messages
- 1,146
- Reaction score
- 1
My friends all watch this show Ghost Hunters. Tonight I have some free time so I am sitting here watching the show for the first time. So apparently these "ghost hunters" go to different spooky locations and look for ghosts....
Do you think this show is bull$hit? I can't decide what I think of this show. I tend to think it is a case of "moral hazard".
If these guys see ghosts, they have a tv show. But if they see no ghosts, they have no show. Therfore, they have the incentive to "see" ghosts.
PS... I am not sure if moral hazard is the correct finance terminology to describe this situation. Is it adverse selection?
Do you think this show is bull$hit? I can't decide what I think of this show. I tend to think it is a case of "moral hazard".
If these guys see ghosts, they have a tv show. But if they see no ghosts, they have no show. Therfore, they have the incentive to "see" ghosts.
PS... I am not sure if moral hazard is the correct finance terminology to describe this situation. Is it adverse selection?