An example of an information asymmetry is when a worker knows more than his employer about his work effort.

Name: An example of an information asymmetry is when a worker knows more than his employer about his work effort.
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Information asymmetry occurs when one party in a transaction has more or better information than the other. In this case, the worker has more information about his own work effort than the employer does, exemplifying information asymmetry.

An Example of an Information Asymmetry Is When a Worker