Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith

تمرين 13

People buying disability insurance on an individual basis are often required to take physical exams. Physical exams are typically not required when employees acquire disability insurance through a company-sponsored plan (which covers all employees in the firm). Provide an economic rationale for the different policies relating to physical exams.