Examlex
Although past research suggested that the development of depression could be caused by a number of different factors, research has now found that the development of depression is caused by only one factor: genes.
Adverse Selection
A situation in which asymmetrical information leads to high-risk parties being more likely to participate in agreements, such as insurance, than low-risk parties.
Health Insurance Company
An organization that provides coverage for medical expenses in exchange for premium payments.
Minimize Adverse Selection
A strategy to reduce the likelihood of selecting undesirable alternatives or participants, often used in insurance and finance to prevent situations where the insurer or lender has less information than the applicant.
Screening
The process of evaluating or analyzing something for a specific purpose or quality.
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