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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Identify the type of asymmetric information problem in each of the following:
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a) A loan office requests information about your work and credit history before approving your car loan application.
b) The same loan office explains that there will be a lien placed on your car title up until you pay off the total amount of the loan.
c) The owner of a football team signs a contract with the new football star. The contract clearly specifies that the player may not skydive.
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