These problems can be mitigated if we can introduce honesty


How should we deal with these problems?

Asymmetric Information

Adverse Selection

Moral Hazards

These problems can be mitigated if we can introduce honesty in the society. Do we get any insight from economic theory to popularize honesty in the society?

Do you see any role of warranty and guaranty in this regard?

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Business Management: These problems can be mitigated if we can introduce honesty
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