Information Asymmetry leads to lower economic efficiency in forest products market. It brings about adverse selection and moral risk.
林产品市场上信息不对称造成了林产品市场低效率,会产生逆选择和道德风险。
Under the shelter of government implicit guarantee, guaranteed economic agencies' risk preference was increased, which caused serious moral hazard and adverse selection.
在隐性担保的庇护下,受保经济主体的风险倾向增加,道德风险和逆向选择问题蔓延。
Adverse selection and moral hazard caused by information asymmetry are the deep - seated reasons why credit risk grows ever more.
信息不对称所引致的逆向选择和道德风险,是信贷风险日趋增强的深层原因。
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