Directions. Coarsely chop tomatoes, peppers, and onions. Combine with garlic and cilantro. In batches, pulse mixture in a food processor until finely chopped. In a large pot, heat olive oil over medium-high until shimmering. Add mixture and cook, stirring occasionally, until thickened and reduced, 25 to 30 minutes (reduce heat if browning at edge).
Moral hazard and adverse selection? Moral hazard is defined as the risk that an individual has the motivation to take bigger risks before the contract is complete. It is the idea that a person will change th â¦ eir behavior by taking more risks.
The term adverse selection was originally used in insurance. It describes a situation where an individual's demand for insurance is positively correlated with the individual's risk of loss. This can be illustrated by the link between smoking status and mortality. Non-smokers typically live longer than smokers.