Asymmetric Information and Health Insurance
7:31
YouTubeMarginal Revolution University
Asymmetric Information and Health Insurance
In this video, we discuss asymmetric information, adverse selection, and propitious selection in relation to the market for health insurance. Health insurance consumers come in a range of health, but to insurance companies, everyone has the same average health. Consumer have more information about their health than do insurers. How does this ...
241.3K viewsSep 23, 2015
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