Adverse Selection vs. Moral Hazard

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  • Опубликовано: 5 сен 2024
  • This video explains the difference between adverse selection and moral hazard, and goes through some examples.

Комментарии • 32

  • @abhaymathur4213
    @abhaymathur4213 Год назад +7

    Brilliant clarity in contrasting the 2 concepts. Better explained than most textbooks out there. Thank you Ashley:)

  • @samea9584
    @samea9584 3 года назад +8

    Ever since i've seen that video about nash equilibria, im such a fan of your videos! Thank u for explaining everything clearly, u really are a gem on youtube!

  • @BrunosRealityReview
    @BrunosRealityReview 3 года назад +9

    Extremely informative and plain language clarifications and context-based information. Well done!

  • @lobsterking1116
    @lobsterking1116 2 года назад +2

    very detailed and understandable. I really appreciate it.

  • @oghenefejiroagbi1469
    @oghenefejiroagbi1469 2 года назад

    The morning before my finals and you just saved me!!!!!

  • @erickemmanuelalvarezmartin1761
    @erickemmanuelalvarezmartin1761 2 года назад +1

    Thank you so much, I finally understand the concepts and the examples are super clear!

  • @modernrush6728
    @modernrush6728 3 года назад +9

    My finals are in a few hours and im watchint this as my lectures are too long, hope i can pass 😅

  • @TheGryffindorer
    @TheGryffindorer 4 года назад +2

    Thanks Ashley, your explanation indeed helped me.

  • @abedsaqallah4672
    @abedsaqallah4672 4 года назад +2

    great explanation! keep it up! you have a good method on how to demonstrate your knowledge.

  • @elliowb2
    @elliowb2 Год назад

    I like the way that you have framed the two concepts. Very helpful. The example that is used isn't quite as clear as say the case of health insurance that won't cover 'pre-existing' conditions. At least in the case of adverse selection, it's a much more clear example. Just my two cents.

  • @benpineapple2482
    @benpineapple2482 2 года назад

    Very helpful and easy to understand. Thank you so much Miss.

  • @ilayda9067
    @ilayda9067 4 года назад +2

    Your explanation was so clear I am glad that you have decided to start this channel, I will be following you and hope to see more are coming! I have seen that you explained Microeconomics theory, would you think of doing some videos for Macroeconomics too? Thank you and good luck!

    • @AshleyHodgson
      @AshleyHodgson  4 года назад +1

      I'm not a macroeconomist, so I wouldn't be the best person to explain that content, unfortunately. Behavioral econ, health care, micro and blockchain will keep me busy for a while.

  • @yannil5923
    @yannil5923 3 года назад

    thank you Ashley! The first part is sth as foundation but the second part of asymmetric samples really help me a lot to actually understand the difference. This is a really smart method

  • @maryvimbayimatunga4758
    @maryvimbayimatunga4758 4 года назад

    Thank you for this well detailed video

  • @allison4038
    @allison4038 3 года назад

    omg love your example in insurance i have final tmr in health econ

  • @dgk2789
    @dgk2789 3 года назад

    best explanation! plz keep it going

  • @AmirAmjad-ps5iv
    @AmirAmjad-ps5iv Год назад

    Thanks mam...

  • @watamatafoyu
    @watamatafoyu 7 месяцев назад

    So how does moral hazard not make universal healthcare in countries infeasible?

  • @guledhussein5887
    @guledhussein5887 2 года назад

    Woow masha allah you are amizing instructor. Thanks dear

  • @konekosamvs3264
    @konekosamvs3264 2 года назад

    Thank you so much!!

  • @myfinperspective7212
    @myfinperspective7212 4 года назад

    hi Ashley, thank you for the explanation. btw, do you have any url on classical work of asymmetric information topic?

  • @kevochic
    @kevochic 3 года назад +2

    what do you mean with bias, in this context?

    • @AshleyHodgson
      @AshleyHodgson  3 года назад +1

      Good question! By bias, I mean either (a) an externality for the people who end up pooled in the contract and/or (b) a functional problem with the contract because of either the types who select in or the behavioral incentives in the contract .

    • @kevochic
      @kevochic 3 года назад

      Okey, now i understand, tanke you😊

  • @turbe7350
    @turbe7350 Год назад

    Ashley it's been a long time...

  • @e.s.8004
    @e.s.8004 3 года назад

    Could you provide the literature sources of your assumptions? Thank you in advance!

    • @AshleyHodgson
      @AshleyHodgson  3 года назад +1

      Many of the ways I organize information while teaching are just mental tricks I've come up with along the way while teaching. No citation. However, this particular video uses a table that is in a peer reviewed economics teaching article I wrote: www.tandfonline.com/doi/abs/10.1080/00220485.2014.889931

  • @ritaolah8324
    @ritaolah8324 3 года назад +1

    You obviously do not rent:(

  • @khadijahamid6905
    @khadijahamid6905 2 месяца назад

    i think the problem is in my brain not withanyone anymore

  • @erenmoore9180
    @erenmoore9180 2 года назад

    Thank you mommy. Let's make a toast, cheers!