Think Like An Economist

S E23: Private Information - I Know Something You Don’t Know

Dec 22, 2020
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Episode notes
1
Introduction
00:00 • 2min
2
What Happens When Sellers Know Something That Buyers Don't?
02:08 • 2min
3
Selling a Used Car
04:20 • 2min
4
Insurance Against Divorce - What Kind of Buyer Are You?
06:23 • 2min
5
Insurance Against Divorce Is Good for People Who Think They're Going to Need It
08:02 • 3min
6
Is There a High Deductable for Insurance?
10:40 • 2min
7
The Problem of Hidden Actions on Private Information
12:28 • 2min
8
How to Reduce Moral Hazard in Insurance
14:17 • 2min
9
What's the Problem of Private Information?
16:15 • 3min