Which of the following is an example of a screen against adverse selection? [Mark All That Apply]
Wearing professional attire to a job interview. |
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Requiring prospective pro-athletes to undergo a physical examination by team physicians. |
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Reading the reviews of a product prior to ordering it online. |
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Insurance companies offering free anti-smoking services. |
Requiring prospective pro-athletes to undergo a physical
examination by team physicians.
Reading the reviews of a product prior to ordering it online.
(In these both examples, some information about the agent in question will be revealed which will prevent adverse selection.)
Which of the following is an example of a screen against adverse selection? [Mark All That...