J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Ebony Howard ...

Adverse selection is the process of making a decision without having all of the knowledge needed. It is a term commonly used in the insurance industry, when applicants withhold information from an ...

As the Senate prepares to consider health-care reform legislation, a key policy issue remains unsolved: how to prevent what industry insiders call “adverse selection.” The bills under consideration, ...

Capitol Desk delivers the latest in health care policy and politics from Sacramento and around the state. Have an idea? Let us know. The Pacific Business Group on Health (PBGH) has had some experience ...

This paper studies the performance of delegated decision-making schemes in a two-stage, multidivision capital budgeting problem for a shared investment with an inherent abandonment option. Applying ...