one example of screening model in economic
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When there is asymmetric information in the market, screening can involve incentives that encourage the better informed to self-select or self-reveal. For example, a job with a low-paying probationary period will discourage those who know they are not well-suited for the position from applying.
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When there is asymmetric information in the market, screening can involve incentives that encourage the better informed to self-select or self-reveal. For example, a job with a low-paying probationary period will discourage those who know they are not well-suited for the position from applying.
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