The Sheepskin Effect Is The

The sheepskin effect is the:

A) increase in earnings that is obtained from higher credentials as opposed to higher levels of human capital.
B) increased tendency to take risks because some of the costs that are associated with taking such risks will paid by others.
C) tendency for one party in an exchange to have better information than the other party.
D) acquisition of reliable information about a product or resource to help make a more informed decision on a purchase or sale.