When a decision involving two parties must be made, is the situation in which one party has more information than the other party.

When a decision involving two parties must be made, adverse selection is the situation in which one party has more information than the other party

Explanation:

This phenomenon occurs when there is asymmetric information between two parties in a deal prior to making a decision. In this situation, one party has more accurate information than the other, which translates into a disadvantage for the party with less accurate information.

where's the

try something like republic or democracy joined or something because its talking about a election party.