Economics · Information Economics
Match List-I (Asymmetric Information Problem) with List-II (Example and Solution): List-I P. Adverse Selection (hidden types, ex-ante) Q. Moral Hazard (hidden actions, ex-post) R. Signalling (informed party moves first) S. Screening (uninformed party moves first) List-II1. Job applicants obtain educational credentials to credibly signal productivity2. Insured person takes less precaution after obtaining insurance3. Insurance company offers a menu of contracts to separate risk types4. Low-quality goods drive high-quality goods out of market (Lemons problem) Choose the correct matching:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1P-2, Q-4, R-3, S-1
- 2P-4, Q-3, R-1, S-2
- 3P-1, Q-2, R-4, S-3
- 4P-4, Q-2, R-1, S-3✓
Correct answer
P-4, Q-2, R-1, S-3
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Information Economics MCQs →Want more practice questions on Information Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Information Economics