Difference between revisions of "Self-revelation"
(plural pronoun) |
(No difference)
|
Revision as of 18:34, 15 July 2018
 | This article does not cite any sources. (December 2009) (Learn how and when to remove this template message) |
In economics, self-revelation is a property of a mechanism where each agent maximizes their utility (or expected utility) by revealing their true type. Self-Revelation is also used as a theme in many literary works.
Self-revelation is widely used in insurance market. This is when high risk parties and low risk parties choose to pay a different risk premium.
 | This economics-related article is a stub. You can help Wikipedia by expanding it. |
