adverse selection
The process by which the price and quantity of goods or services in a given market is…The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost.
Значение
значений: 1(неисчисляемое)The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost.
It is adverse selection that leads US workers who anticipate high family medical expenditure to seek employers with superior health insurance coverage for their employees.
The large number of "lemons" in the used-car market is the result of adverse selection.
Ещё определения
- A situation where sellers have information that buyers don't (or vice versa) about some aspect of product quality.
Синонимы
синонимов: 1Близкие по смыслу
- A situation where sellers have information that buyers don't (or vice versa) about some aspect of product quality.:anti-selection
Однокоренные
связанных слов: 3Уроки к слову
уроков: 1- A1Исчисляемые и неисчисляемые существительные — Потому что оно может быть неисчисляемым