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Trusting his opponents and not willing to risk a large adverse swing, North bid seven spades.
Small businesses are subject to failure and Groupon's expensive merchant terms result in a big risk of adverse selection.
It is an equilibrium of a game of competition in a market with adverse selection.
But if it becomes the accepted norm that the government steps in every time things go bad, we've got a terrible adverse selection problem.
As a result, adverse selection sets in: the only sellers willing to accept $750 will be those hoping to offload lemons.
In general, voluntary, unsubsidized, and non-underwritten insurance programs such as CLASS face a significant risk of failure as a result of adverse selection by participants.
This problem is compounded by a couple of adverse selection mechanisms.
The danger, Mr Peabody says, is that a process of adverse selection is under way.
This seems like a recipe for adverse selection death spirals.
The challenge for Knock is ensuring that the homes they do buy don't become a product of adverse selection.
The challenge for Knock is ensuring that the homes they do buy don't become a product of adverse selection.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com