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Other Fields Homework Help Economics Topic started by: seeb1999 on Jul 22, 2019



Title: Health insurance companies face an asymmetric information problem because:
Post by: seeb1999 on Jul 22, 2019
Health insurance companies face an asymmetric information problem because:

▸ buyers have superior information concerning their risk of illness or injury.

▸ the insurance companies and buyers both have equal information concerning the risk of illness or injury of those insured.

▸ companies have superior information concerning the risk of illness or injury of those insured.

▸ the probability of becoming ill or injured is unrelated to the insured person's occupation.


Title: Health insurance companies face an asymmetric information problem because:
Post by: mcwieck on Jul 22, 2019
buyers have superior information concerning their risk of illness or injury.


Title: Health insurance companies face an asymmetric information problem because:
Post by: seeb1999 on Jul 22, 2019
Thank you