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rhwyatt rhwyatt
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5 years ago
Signals may prevent adverse selection if
A) sending a false signal is cheap for the agent.
B) sending a false signal is costly for the agent.
C) agents as rational.
D) signals are as good as cheap talk.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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nmstarf4nmstarf4
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5 years ago
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This site is awesome
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