- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 09 Sep 2020
The Green Book, Central Government Guidance On Appraisal And Evaluation, Published by HM Treasury in 2018, suggests that adverse selection may occur: ‘…where asymmetric information restricts the quality of a traded good. This typically happens because the side with more information can negotiate a more favourable exchange than would otherwise be the case.’
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