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Why Alex Took Bigger Risks When Someone Else Was Paying
When people feel protected from the consequences of a choice, their behavior can quietly change.
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Moral Hazard
Protected from downside, people take riskier actions.
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Why Maya Took Bigger Risks When Someone Else Paid the Price
When people are protected from the consequences of their choices, their decisions can quietly change.
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Why the Company Card Made a Risky Decision Feel Free
When people are protected from the downside, their choices can quietly change.
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Why "We'll Cover the Overrun" Makes Expensive Choices Feel Free
When someone else absorbs the downside, the next decision quietly gets riskier.
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