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Gresham College | The Hidden Risks of "I Know Something You Don't" @GreshamCollege | Uploaded August 2024 | Updated October 2024, 5 days ago.
This is a live-stream of the lecture. An edited version of the lecture will be uploaded in due course.

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https://app.sli.do/event/iuTNx8F4Bt6sdt2LEuMU66

A lecture by Professor Raghavendra Rau, Gresham Mercers’ School Memorial Professor of Business.

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.

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

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