And yet they do, and for the most part the adverse selection problem does not cause problems.

FORBES: The Economics of All-You-Can-Eat Buffets

Critics have focused on the adverse selection problem, or that the real issue is that schools are just too expensive.

FORBES: A Capitalism for the People

So tell me, dear reader, why is it that buffets do not succumb to the adverse selection problem and cease to exist?

FORBES: The Economics of All-You-Can-Eat Buffets

One powerful way to combat the adverse selection problem is to give insurers larger, more diverse pools of customers to deal with.

FORBES: Here's How Stripping Down Health Care Reform Benefits to the Bare Bones Will Backfire and Drive Up Costs