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Author Question: An example of mechanism design is (Read 18 times)

TFauchery

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on: Apr 19, 2019

Question 1

An area of economics that explores how contract or transaction structures can overcome asymmetric information problems is


◦ behavioral economics.
◦ adverse selection.
◦ econometrics.
◦ mechanism design.

Question 2

An example of mechanism design is


◦ a non-profit charity that pays all employees a low fixed salary.
◦ welfare policy that has no limits on the amount of time a person can collect benefits.
◦ health insurance with co-pays.
◦ lower prices for airline ticket purchases made several months prior to the travel date.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by TFauchery on Apr 19, 2019

nital

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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TFauchery

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Reply 2 on: Apr 19, 2019
Excellent

bimper21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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