Adverse Selection And Moral Hazard Effects In The Malaysian Mortgage Market.
Adverse selection and moral hazard arise in markets with imperfect or asymmetrical information, i.e., one party has more information than the other, such as the labour market, credit market, and insurance market. Prices in markets with imperfect information may have two effects: sorting and incen...
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM)
1996
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| Online Access: | http://eprints.usm.my/35290/1/1-1-5.pdf |