The Hidden Risks of "I Know Something You Don't"

Name: The Hidden Risks of "I Know Something You Don't"
Start: 2025-01-20T18:00:00+00:00
End: 2025-01-20T19:00:00+00:00
Location: Gresham College

Schedule

Mon Jan 20 2025 at 06:00 pm to 07:00 pm

UTC+00:00

Location

Gresham College | London, EN

Imagine buying insurance, but the company knows you're less likely to get sick than you do. That's information asymmetry in action!
About this Event

Imagine buying insurance, but the company knows you're less likely to get sick than you do. That's information asymmetry in action! This lecture explores hidden traps in insurance and loan markets caused by one side knowing more than the other. These sneaky problems can lead to unfair deals and even major financial meltdowns. We'll examine how rules try to fix these issues, and the surprising ways they can sometimes backfire.

A lecture by  Professor Raghavendra Rau

This event is also available to watch live online. To register, visit:  gres.hm/hidden-risks

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