Definitions from Wiktionary (adverse selection)
▸ noun: (economics, business, insurance) The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost.
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▸ noun: (economics, business, insurance) The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost.
Similar:
buyer's market,
rent-seeking,
shadow price,
predatory pricing,
non-price competition,
snob effect,
negative option,
counteradvertising,
duopsony,
diseconomy,
more...
Opposite:
Types:
▸ Words similar to adverse selection
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▸ Idioms related to adverse selection
▸ Wikipedia articles (New!)
▸ Words that often appear near adverse selection
▸ Rhymes of adverse selection
▸ Invented words related to adverse selection