Which problem of asymmetric information are prospective employers trying to solve when they ask applicants to go through a job interview. Is that the end of the information asymmetric? Concept Introduction: Information asymmetry occurs where one party has more information than the other. This information asymmetry leads to an imbalance of power in transactions between parties which can further lead to market failure.

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Which problem of asymmetric information are prospective employers trying to solve when they ask applicants to go through a job interview. Is that the end of the information asymmetric?

Concept Introduction:

Information asymmetry occurs where one party has more information than the other. This information asymmetry leads to an imbalance of power in transactions between parties which can further lead to market failure.

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