Understanding Asymmetric Information, Adverse Selection & Moral Hazard in Economics π
Learn how asymmetric information impacts markets, leading to adverse selection and moral hazard. Watch this clear, concise explainer to grasp these key economic concepts and their interconnections.

INOMICS
117.2K views β’ Apr 1, 2020

About this video
Watch INOMICSβ concise explainer video to help you understand what asymmetric information, adverse selection and moral hazard are, how they are connected and why they matter.
Find our comprehensive written definition and further examples of asymmetric information see https://inomics.com/terms/asymmetric-information-1419669.
Adverse selectionβs full written explanation can be found at https://inomics.com/terms/adverse-selection-1419663.
This overview provides a basic definition alongside real world examples. In the video we cover:
00:00 Introduction
00:17 Asymmetric information explained
01:01 Adverse selection explained
01:51 Adverse selection insurance-based example
02:52 Moral hazard explained
03:05 Moral hazard insurance-based example
03:45 Potential solutions to adverse selection and moral hazard in insurance
For help, definitions and examples of more economics terms see https://inomics.com/terms.
At INOMICS, we support your career journey from finding degree programs and scholarships, courses and conferences, right through to getting top senior jobs in academia and industry. Follow us on social media, or check out the latest opportunities below:
Website: https://inomics.com
Facebook: https://www.facebook.com/INOMICS
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Instagram: https://www.instagram.com/inomics
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Additional sound effects from https://www.zapsplat.com
Find our comprehensive written definition and further examples of asymmetric information see https://inomics.com/terms/asymmetric-information-1419669.
Adverse selectionβs full written explanation can be found at https://inomics.com/terms/adverse-selection-1419663.
This overview provides a basic definition alongside real world examples. In the video we cover:
00:00 Introduction
00:17 Asymmetric information explained
01:01 Adverse selection explained
01:51 Adverse selection insurance-based example
02:52 Moral hazard explained
03:05 Moral hazard insurance-based example
03:45 Potential solutions to adverse selection and moral hazard in insurance
For help, definitions and examples of more economics terms see https://inomics.com/terms.
At INOMICS, we support your career journey from finding degree programs and scholarships, courses and conferences, right through to getting top senior jobs in academia and industry. Follow us on social media, or check out the latest opportunities below:
Website: https://inomics.com
Facebook: https://www.facebook.com/INOMICS
Twitter: https://twitter.com/INOMICS
Instagram: https://www.instagram.com/inomics
LinkedIn Group: https://www.linkedin.com/groups/4304329/
Additional sound effects from https://www.zapsplat.com
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Video Information
Views
117.2K
Likes
1.6K
Duration
4:46
Published
Apr 1, 2020
User Reviews
4.6
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