the
Explain the assumptions of
screening
and
models
signaling
gunning
example
for the explanation of each assumption
at least one
Answers
Answered by
4
Explanation:
Screening in economics refers to a strategy of combating adverse selection, one of the potential decision-making complications in cases of asymmetric information, by the agent(s) with less information.
Answered by
0
Answer:
Signaling is an action by a party with good information that is confined to situations of asymmetric information.
Screening, which is an attempt to filter helpful from useless information, is an action by those with poor information.
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