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	<title>Comments on: How are German Smokers and American Savers related?</title>
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		<title>By: Healthcare Economist &#183; The key to reducing moral hazard in France: Hyperbolic Discounting?!?!</title>
		<link>http://healthcare-economist.com/2006/02/28/smoking-uninformed-individuals-or-hyperbolic-discounting/comment-page-1/#comment-5234</link>
		<dc:creator>Healthcare Economist &#183; The key to reducing moral hazard in France: Hyperbolic Discounting?!?!</dc:creator>
		<pubDate>Mon, 16 Nov 2009 15:00:15 +0000</pubDate>
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		<description>[...] the doctor is saying that the copayment reduces moral hazard.  However, why the reimbursement?  Hyperbolic discounting may explain the payment structure.  Many individuals will be indifferent between $100 one year [...]</description>
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