Describe an example of an information asymmetry

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Reference no: EM131166394

Find and describe an example of an information asymmetry that could give rise to either adverse selection or moral hazard. Please try to avoid examples that are similar to those in the text. Then address the following questions:

Who has the additional information and how could they use it to benefit themselves?

How is the information asymmetry corrected in your example (if it is)?

Are there other methods of correcting the information asymmetry?

Reference no: EM131166394

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