Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/adverse selection

…to any discussion of insurance: moral hazard and adverse selection. Atrios’ Part 2 is forthcoming, but will address the specifics of health insurance; it should be interesting. And if I…

The Big Bad Asset Bank

…buy its shares without worrying about adverse selection. If the problem with the funny assets markets is low trading volume making the market price far below the average hold to…