Title: Macroeconomics

Essay Details

Subject: Business
Author: Pearl V
Date: October 29, 2010
Level: University
Grade:
Length: 6 / 1663
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Adverse selection is a situation where a selection process ends with only those with undesirable characteristics left. Probably the best example of adverse selection is car insurance. Let us assume that there are two types of poor drivers, those that are just bad drivers and those that are just purely unlucky...

Showed first 250 characters

Do you need an essay?

Here are the options you can choose from:

  • Order plagiarism free custom written essay
  • All essays are written from scratch by professional writers according to your instructions and delivered to your email on time
  • Prices start from $12.99/page

Do you need many essays?

FULL access to essays database

  • This option gives you the immediate access to all 184 988 essays
  • You get access to all the essays and can view as many of them as you like for as little as $28.95/month

This explains why there are some good drivers who have huge premiums or just can't get car insurance. The insurance company cannot determine which of the drivers have bad driving habits and which have only had a string of bad luck accidents. Therefore for the insurance company to insure those with poor driving records they must charge extra high premiums...

Showed next 250 characters

If you cannot find any suitable paper on our site, which happens very rarely, you can always order custom written paper which will be written from scratch by our professional writers and deliver to you on requested time.
  • Your research paper is written by certified writers
  • Your requirements and targets are always met
  • You are able to control the progress of your writing assignment
  • You get a chance to become an excellent student!
 

Common topics in this essay:

Comments

Similar Essays:

Demand And Supply

2 pages / 381 words

Indsutry Analysis

2 pages / 458 words

Macroeconomics

6 pages / 1663 words

Overview of key economic questions and systems within Australia

2 pages / 368 words

Tt

1 pages / 250 words

Wal-Mart in the Oligopolistic Market

2 pages / 342 words

service learning

1 pages / 269 words