Home / Series / The Economics of Uncertainty / Aired Order / Season 1 / Episode 14

Caring, Sharing, and Risk Bearing

Altruism is more complicated than simple selflessness. Instead, it may be the world's oldest and most effective risk-sharing system. Discover the power of viewing altruism as economists do-as a mathematical expression called the utility function. Also study altruism's connection to the moral hazard problem.

English
  • Runtime 33 minutes
  • Network The Great Courses
  • Created January 30, 2021 by
    Administrator admin
  • Modified January 30, 2021 by
    Administrator admin