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Screening (Economics)
In economics, screening is a strategy employed by an uninformed party to induce an informed party to reveal their private information, helping to mitigate problems like adverse selection. The uninformed party designs a mechanism, such as a menu of contract choices (e.g., insurance policies with different deductibles), that causes different 'types' of informed parties to self-select and reveal their hidden attributes.
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The Economy 2.0 Microeconomics @ CORE Econ
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Screening (Economics)
Signalling (Economics)
Screening (Economics)
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