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I was appalled to read that many communities are accommodating-or pandering to-the owners of sport utility vehicles by increasing the size of parking spaces. Apparently, officials in these cities just want to go with the flow, when they could be using parking-space politics to encourage the use of smaller, more fuel-efficient cars. When will Americans come to their senses and see the S.U.V. for what it is? It's an outsized extension of egotistical consumerism. I'm sick of being pushed around by the egotists in their Tahoes and Excursions who think nothing of misusing nonrenewable oil and gas reserves, as well as increasing pollution. Jane F. Carlson, Letter to the Editor
Adverse Selection
A market process in which undesired results occur due to information asymmetry between buyers and sellers, where one party has more or better information than the other.
Sellers' Ratings
Evaluations or scores given to sellers based on their performance, product quality, and customer service, often found on e-commerce platforms.
Asymmetric Information
A situation in which one party in a transaction has more or superior information than the other, leading to an imbalance in the transaction.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.
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