When the insured knows more about their circumstances than the insurer, there is O propitious selection. moral hazard. O adverse selection. All of these O asymmetric information.

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When the insured knows more about their circumstances than the insurer, there is
O propitious selection.
moral hazard.
O adverse selection.
All of these
O asymmetric information.
Transcribed Image Text:When the insured knows more about their circumstances than the insurer, there is O propitious selection. moral hazard. O adverse selection. All of these O asymmetric information.
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