Home / Series / Economics, 3rd Edition / Aired Order / Season 1 / Episode 17

Imperfect Information and Insurance

Imperfect information, such as how much to charge for auto insurance when information about the risks of auto accident is imperfect, can raise havoc with markets. It raises two issues—moral hazard and adverse selection—that are fundamental to arguments over health insurance in the United States.

English
  • Network The Great Courses
  • Created June 1, 2024 by
    imhotep79
  • Modified June 3, 2024 by
    Estefania Baleiron TVDB