Chapter 22: Asymmetric Information in Competitive Markets

Animated Graphics

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Adverse Selection in Car Insurance Market     Voice-Over

Insurance Companies Screening Drivers     Voice-Over

Equilibrium Insurance Policies in the Absence of Asymmetric Information     Voice-Over

Self-Selecting Separating Equilibrium with Asymmetric Information     Voice-Over

A Pooling Equilibrium Does Not Exist     Voice-Over

A Pooling Equilibrium?     Voice-Over