adverse selection
/ˌædvɜːrs sɪˈlekʃən/
the tendency for higher-risk individuals to seek insurance
“Adverse selection can cause insurance markets to collapse.”
Origin: From adverse (Latin adversus turned against) + selection
/ˌædvɜːrs sɪˈlekʃən/
the tendency for higher-risk individuals to seek insurance
“Adverse selection can cause insurance markets to collapse.”
Origin: From adverse (Latin adversus turned against) + selection