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Old 6th Nov 2009, 19:49
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tuna hp
 
Join Date: Oct 2009
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Originally Posted by Phil Brockwell
If you just add an average you become very attractive for the ones that lose you money and very unattractive for the ones that make you money.
Ha the technical term for that in economics is 'adverse selection'. Bad drivers tend to choose the low deductible insurance plans, fat people are more likely to go to the all-you-can-eat restaurant, etc.
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