Adverse selection is the direct result of assymerric information
Answers
Answered by
7
Answer:
Like adverse selection, moral hazard occurs when there is asymmetric information between two parties, but where a change in the behavior of one party is exposed after a deal is struck. Adverse selection occurs when there's a lack of symmetric information prior to a deal between a buyer and a seller.
Explanation:
Answered by
0
Answer:))) hey buddy here is ur ans...✌
adverse selection, moral hazard occurs when there is asymmetric information between two parties, but where a change in the behavior of one party is exposed after a deal is struck. Adverse selection occurs when there's a lack of symmetric information prior to a deal between a buyer and a seller.
If it's helpful thn plz mark it as a brainliest ans...
Similar questions