Yes, they often do. On your view, is there a threshold of doubtfulness of a proposition below which it is justifiable to not devote resources to avoiding the potential moral hazard of that proposition being true, regardless of the magnitude of that moral hazard?
i don’t think ir’s likely my house will catch fire, but i take out fire insurance. OTOH, if i don’t set a lower bound I will be susceptible to pascal’s muggings.
Yes, they often do.
On your view, is there a threshold of doubtfulness of a proposition below which it is justifiable to not devote resources to avoiding the potential moral hazard of that proposition being true, regardless of the magnitude of that moral hazard?
i don’t think ir’s likely my house will catch fire, but i take out fire insurance. OTOH, if i don’t set a lower bound I will be susceptible to pascal’s muggings.