Adverse selection/Definition: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>Nick Gardner
No edit summary
m (Text replacement - "market" to "market (economics)")
 
Line 1: Line 1:
<noinclude>{{Subpages}}</noinclude>
<noinclude>{{Subpages}}</noinclude>
a partial [[market]] failure that occurs when there are traders who take advantage of [[asymmetric information]], raising uncertainty and leading to a reduction in the value of its products.
a partial [[market (economics)|market]] failure that occurs when there are traders who take advantage of [[asymmetric information]], raising uncertainty and leading to a reduction in the value of its products.

Latest revision as of 19:47, 7 March 2024

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Adverse selection [r]: a partial market failure that occurs when there are traders who take advantage of asymmetric information, raising uncertainty and leading to a reduction in the value of its products.