The Economics of Uncertainty Season 1 Episode 10 Adverse Selection: Hiding in Plain Sight
- TV-PG
- May 29, 2015
- 31 min
Adverse selection occurs when the lack of information by one party leads to a distorted result. See how this situation surfaces in many different contexts, from used car sales to investment deals to Internet purchases. Learn to recognize the adverse selection trap, and know how to correct it.