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Buyer Beware: Understanding 'Adverse Selection' Might Help You Discern Deals from Scams
January 17, 2017
EVANSTON, Ill., Jan. 17 -- Northwestern University issued the following news:

With a PhD in economics and a deep interest in politics, Northwestern managerial economics professor Sandeep Baliga has been applying economics concepts to policy issues for decades. One such concept is adverse selection, which Baliga describes as "hidden information." Baliga, who teaches at the Kellogg School of Management, uses the concept to address everything from the war in Iraq to the str . . .

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