Asymmetric Information and Agency

Question Description

Please choose ONE of the following question to answer:

  1. The situation in which an individual is interviewing for a job also exhibits information asymmetry. Explain why. How does the relatively poorly informed party deal with this?
  2. The used-car market has publications that provide information on the quality and prices of used cars. Are similar avenues of information available to health consumers? How would you, as a patient, find information about a provider’s quality or prices? How would you assess the confidence you have in that information?

2. attachment is related slide and rubric detail, please meet the requirement in the rubric detail

3.there is no minimum words for these two discussion assignment ,and this is the discussion question, you do not need to write so complicate , but you should write out the main point for the question. and i recommend you write 250-300 words.