Last Updated:2025/11/24
(economics, business, insurance) The process by which the price and quantity of goods or services in a given market is altered due to one party having information that the other party cannot have at reasonable cost.
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adverse selection
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Source Word
adverse selection
Noun
uncountable
Japanese Meaning
逆選択:経済学、ビジネス、保険の分野において、一方が他方よりも得やすい情報を持っているため、市場における商品の価格や数量が変動する現象。