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The insurance market suffered from adverse selection when only high-risk individuals bought coverage, forcing insurers to raise premiums.
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The insurance market suffered from adverse selection when only high-risk individuals bought coverage, forcing insurers to raise premiums.
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Related words
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。
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