One Way to Solve the Problems Caused by Information Asymmetry

question 60

Multiple Choice

One way to solve the problems caused by information asymmetry is:

• A) screening.
• B) signaling.
• C) building a reputation.
• D) All of these are solutions to information asymmetry.

---

Definitions:

Herbert Blumer

A sociologist known for developing Symbolic Interactionism, emphasizing the importance of meanings in human behavior and social interaction.

Social Behaviorists

Scholars or practitioners who study how behavior is influenced by the social environment.

Radical Behaviorists

Psychologists who explain behavior in terms of external stimuli and observable responses, minimizing the role of the mind or consciousness.

Observable Behaviors

Observable behaviors refer to actions or reactions of an individual or system that can be directly seen and measured.