MGLI 013: Economics – Introduction to Adverse Selection
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According to  Investopedia Adverse selection refers generally to a situation where sellers have information that buyers do not have, or vice versa, about some aspect of product quality. In the case of insurance, adverse selection is the tendency of those in dangerous jobs or high-risk lifestyles to get life insurance.

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  1. By Tedsf on March 18, 2018
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