Studies show that during the March Madness college basketball tournament,the productivity of average company in the US falls considerably.This is an example of
A) the Condorcet Paradox.
B) signaling.
C) moral hazard.
D) screening.

Question

Quizplus · Accepted Answer

This is an example of moral hazard, where employees may shirk their work responsibilities to follow or watch the tournament, knowing there will be no immediate consequences for their actions. This can lead to reduced productivity for the company.

Studies Show That During the March Madness College Basketball Tournament,the