This phenomenon also arises in the field of insurance where it is known as adverse selection.
One problem that providers face is what economists call "adverse selection."
As a solution, a contract could be issued to offer protection against adverse selection.
These problems are compounded in the drug insurance market by a phenomenon known as adverse selection.
Examples of this problem are adverse selection and moral hazard.
He described adverse selection as "the annoying tendency people have to do what's best for themselves."
However, the program has never worked as insurance, because of adverse selection.
Such phenomenon is called adverse selection and can sometimes lead to market collapse.
There are many ways to overcome adverse selection in labour market.
Such "adverse selection" is what led to the unexpected costs.