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.
Adverse selection occurs when buyers have better information than sellers and so the highest cost consumers end up buying a particular product. Adverse selection explained. 1  A company selling life insurance will find that people at higher risk of death will be more willing to take out life insurance.