Concept in Definition ABC

In the field of Economy, the screening will be that strategy used to combat adverse selection, which is one of the potential complications that may arise in decision-making in information cases asymmetric, that is, in situations in which a buyer and a seller have different information regarding oneself transaction, such a situation will lead to a scenario of discrimination price extremely damaging for the consumer since it is a fact that he could be paying much more for the same product than he is paying the rest.

The aforementioned concept was developed by the Canadian economist Michael Spence, who in 2001 had the luxury of receiving the Nobel Prize in Economics for his efforts in the field of information and market formation.

A classic example of screening is the interviews that are carried out with an individual at the time of their app for a job; the conversation with the applicant is used to learn more about their personality, also, the dress, their ways to communicate and the

attitude say a lot about the person and may be decisive at the time of hiring or not.

And in the field of medicine the screening will be the strategy that will be applied in order to detect a disease in those individuals who do not present symptoms of this or that disease.
The primary objective of the application of this technique will be to quickly know and identify diseases within a community. Being able to identify them will allow not only rapid management but also intervention with the longing to reduce the effects that many diseases cause: pain and even the death of the patient.

Topics in Screening