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Using Online Courseware to Play a Simulation Illustrating the Concept of Moral Hazard in Health Care

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  • Michael H. Kennedy

    (East Carolina University)

Abstract

This article discusses the use of a popular online instructional management system to teach moral hazard by having students make decisions about whether to seek health care under two simulated scenarios – with and without insurance.

Suggested Citation

  • Michael H. Kennedy, 2012. "Using Online Courseware to Play a Simulation Illustrating the Concept of Moral Hazard in Health Care," International Review of Economic Education, Economics Network, University of Bristol, vol. 11(1), pages 67-77.
    • Handle: RePEc:che:ireepp:v:11:y:2012:i:1:p:67-77
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    File URL: https://www.economicsnetwork.ac.uk/sites/default/files/Ashley/Kennedy%20-%20Moral%20Hazard%20Simulation.pdf
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    References listed on IDEAS

    as
    1. Friedman,Daniel & Sunder,Shyam, 1994. "Experimental Methods," Cambridge Books, Cambridge University Press, number 9780521456821.
    2. Ortmann, Andreas & Colander, David, 1997. "Teaching Tools: A Simple Principal-Agent Experiment for the Classroom," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 443-450, April.
    3. Ann Helwege, 1996. "Preventive versus Curative Medicine: A Policy Exercise for the Classroom," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(1), pages 59-71, January.
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    Cited by:

    1. Jingyuan Fu & Meng Sun & Minhong Wang, 2022. "Simulation-Assisted Learning about a Complex Economic System: Impact on Low- and High-Achieving Students," Sustainability, MDPI, vol. 14(10), pages 1-17, May.

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