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Reading: _ - Moral hazard - Sources of moral hazard - Solution to moral hazard - Asymmetric information 0 Consumer side - Imperfect information -

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Reading: _ - Moral hazard - Sources of moral hazard - Solution to moral hazard - Asymmetric information 0 Consumer side - Imperfect information - Adverse selection 0 What is the source of adverse selection? 0 Consequences of adverse selection 0 What is the difference between asymmetric information and imperfect information? - Markets for Lemon: what is the result? - Experience rating vs. community rating

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