Service-rating sites like Angie's List are an attempt to reduce the incidence of ________ for the consumer.

Name: Service-rating sites like Angie's List are an attempt to reduce the incidence of ________ for the consumer.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Service-rating sites help consumers make informed decisions by providing information about the quality of services, thus reducing the problem of adverse selection where consumers might otherwise choose low-quality providers due to lack of information.

Service-Rating Sites Like Angie's List Are an Attempt to Reduce