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Enlarge / The Flex 2’s module is super tiny and slides into this silicone band. (credit: Valentina Palladino) Update, 4/28/17 at 5:25pm: A Fitbit representative told Ars in an email that its investigation of the exploding Flex 2 showed “external forces” caused the problem. Here’s Fitbit’s full statement: We were greatly concerned by Ms. Mitchell’s report […]
MORAL hazard is a problem that crops up often in economics. People behave differently if they do not face the full costs or risks of their actions: deposit insurance makes customers less careful about picking their bank, for example. Moral hazard can also be second-hand. Take medicine. A patient with private insurance may be happy […]
