April 26, 2022

How signals can be used to solve adverse selection problems.

    Adverse Selection: One party cannot observe certain characteristics of the informed party, and as a result a disproportionate share of people with less desirable […]
April 26, 2022

How signals can be used to solve adverse selection problems

  1. We have discussed how signals can be used to solve adverse selection problems. Adverse Selection: One party cannot observe certain characteristics of the informed […]