| 11. | The uniform pay scale invites what economists call adverse selection.
|
| 12. | "That's what the insurance industry calls ` adverse selection, "'
|
| 13. | Redlining is a different situation, as it is not the result of adverse selection.
|
| 14. | More recently, adverse selection theory has been tested in laboratory experiments and in the field.
|
| 15. | In this case, the adverse selection problem drives the good cars out of the market.
|
| 16. | "You're going to have serious adverse selection problems depending on how they design it ."
|
| 17. | However, it also has problems such as adverse selection.
|
| 18. | This situation can exacerbate the adverse selection problem.
|
| 19. | These problems are compounded in the drug insurance market by a phenomenon known as adverse selection.
|
| 20. | Adverse selection theory has been pioneered by Roger Myerson, Eric Maskin, and others in the 1980s.
|
