Discover strategies to overcome asymmetric information in markets, including warranties, regulations, and monitoring, for ...
As the Senate prepares to consider health-care reform legislation, a key policy issue remains unsolved: how to prevent what industry insiders call “adverse selection.” The bills under consideration, ...
Adverse selection as it relates to health care policy will be a key economic issue in many upcoming elections, in this article, the author lays out a 30-minute classroom experiment designed for ...
Adverse selection in health insurance happens when sicker people—or those who present a higher risk to the insurer—buy health insurance while healthier people don’t buy it. Adverse selection can also ...