Examlex
A buzzer sounds every time food is made available for a pigeon.The buzzer starts when food is in the hopper, and stops when food is removed.The food is available for 3 minutes.This is an example of
Similar Job
Pertains to a job that has duties, skills, and responsibilities closely matching those of another job, often within the same industry or field.
Adverse Selection
A situation where asymmetric information results in high-risk individuals being more likely to participate in an agreement than low-risk individuals, typically in insurance markets.
Used Cars
Pre-owned vehicles that have been previously registered and are available for resale, often at lower prices compared to new cars.
Signaling
The action of sending out a signal (often indirectly through actions or attributes) to convey information or intentions in environments with information asymmetries.
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