21. These exclusions by the insurance industry were meant to cope with adverse selection by potential customers. 22. VSP hasn't had a problem with adverse selection . 23. Adverse selection costs are lower for debt offerings.24. "There is adverse selection if you aren't careful," 25. This is an example of adverse selection . 26. More recently, contract-theoretic adverse selection models have been tested both in laboratory experiments and in the field. 27. Thus the uninformed buyer's price creates an adverse selection problem that drives the high-quality cars from the market. 28. Scholars have criticized IBR plans on the grounds that they create moral hazard and suffer from adverse selection . 29. Even if there is no general tendency toward overconfidence, social dynamics and adverse selection could conceivably promote it. 30. The greater tendency of sick people to buy health insurance is known among insurance experts as adverse selection .
