Adverse selection occurs when one party in a transaction has more information than the other, especially in insurance and finance-related activities.
For other uses of Ada, see Ada (disambiguation). Ada is a city in and the county seat of Pontotoc County, Oklahoma, United States. The population was 16,810 at the 2010 census, an increase of 7.1 percent from 15,691 at the 2000 census. The city was named for Ada Reed, the daughter of an early settler, and was incorporated in 1901.
With a population of over 400,000, Ada County is the most populous in Idaho. The effective property tax rate in the county is slightly less than 0.80%, which ranks as the 7th highest rate of any Idaho County. In urban areas, such as the city of Boise, the average nominal tax rate is 1.547% on average. The rural rate is somewhat lower at 1.263%.