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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 20
Return to the description of the student loan program that opened the chapter. Suppose that all students at the university are perfectly altruistic and share the university's goal of reducing debt for graduates with low incomes. Would information asymmetry cause a problem in this situation? Why or why not?
Explanation
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Information asymmetry:
Information asym...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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