Anti-selection: Difference between revisions
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An increased likelihood for people to take out insurance contracts where they believe their particular risk is higher than the insurance company has allowed for in calculating its premiums. | An increased likelihood for people to take out insurance contracts where they believe their particular risk is higher than the insurance company has allowed for in calculating its premiums. | ||
Not to be confused with ''adverse selection'', which is different. | |||
== See also == | == See also == | ||
* [[Moral hazard]] | * [[Moral hazard]] | ||
* [[Adverse selection]] | |||
[[Category:Manage_risks]] |
Latest revision as of 14:55, 8 October 2020
An increased likelihood for people to take out insurance contracts where they believe their particular risk is higher than the insurance company has allowed for in calculating its premiums.
Not to be confused with adverse selection, which is different.