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“selection”
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“selection”
adverse-selection problem
That which takes place when a buyer or seller entering a disadvantageous contract on the basis of incomplete or inaccurate information because the cost of obtaining the relevant information is higher for a buyer or seller than the other party involved in the transaction.
This entry is located in the following unit:
Economical, Business, and Financial Terms +
(page 1)
kin selection
The selection of genes as a result of one or more individuals' favoring or disfavoring the survival and reproduction of relatives who possess the same genes by common descent which usually excludes offspring.
This entry is located in the following unit:
Ant and Related Entomology Terms
(page 10)