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.
Jones is a town in Oklahoma County, in the Oklahoma City metro area. Covering 13.662 square miles, present Jones is surrounded on three sides by Oklahoma City and by the town of Harrah to the east-southeast and the town of Choctaw to the south-southeast. Luther F. Aldrich platted the town site on April 22, 1898.