Rachel goes for a job interview and knows a lot about the job she is applying for. The woman who interviews her is filling in for another employee and knows very little about Rachel. We might say the woman conducting the interview is likely to have what kind of situation?

Question

Quizplus · Accepted Answer

The interviewer has asymmetric information because she knows less about Rachel than Rachel knows about herself, which is a common situation in job interviews where the candidate has more information about their own abilities and intentions than the interviewer.

Rachel Goes for a Job Interview and Knows a Lot