Screening is the action
A) taken by an informed person to determine the information possessed by uninformed people.
B) taken by an uninformed person to determine the information possessed by informed people.
C) taken to offset signaling.
D) that is cheaper and more effective than cheap talk.

Question

Quizplus · Accepted Answer

Screening is a strategy used by an uninformed party to elicit information from an informed party. It involves the uninformed party taking actions or setting up situations that lead the informed party to reveal their private information.

Screening Is the Action