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    Exam 23: Moral Hazard and Adverse Selection: Informational Market Failures
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    A Separating Equilibrium Is an Equilibrium Where Different Types Play
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A Separating Equilibrium Is an Equilibrium Where Different Types Play

Question 11

Question 11

True/False

A separating equilibrium is an equilibrium where different types play differently so their types can be inferred by their actions.

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