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| Name | 14.3 Equilibria with Asymmetric Information |
| Video Uploader | Video From Thomas Nechyba Econ 101 |
| Upload Date | This Video Uploaded At 01-07-2023 23:15:59 |
| Video Discription | This video introduces the idea of a pooling equilibrium -- where no information has been revealed and the information asymmetry persists in the market, and the idea of a separating equilibrium -- where information has been fully revealed through signals or screens. It then asks you to think about how these ideas relate to issues that emerge in health insurance markets where social insurance motives cause people to want everyone to have access. We will explore health insurance markets and policies in more depth in class. |
| Category | People & Blogs |
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