adverse selection

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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

The large number of lemons in the used-car market is the result of adverse selection.

adverse selection

    Heceleme

    ad·verse se·lec·tion

    Türkçe nasıl söylenir

    ädvırs sılekşın

    Telaffuz

    /adˈvərs səˈleksʜən/ /ædˈvɜrs səˈlɛkʃən/