Adverse selection is a theoretical problem; it doesn't actually appear in real insurance markets. But we're seeing it now in Obamacare.
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Replying to @random_eddie
@random_eddie "it doesn't actually appear in real insurance markets" ???1 reply 0 retweets 0 likes
Replying to @random_eddie
@random_eddie I'm fully prepared to hand-wave a numeric model!
10:15 AM - 18 Mar 2014
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