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

Watch the Q&A session here: https://youtu.be/7pvF4FdbYWU This lecture explores how information asymmetry leads to adverse selection and moral hazard, with a focus on their presence in financial markets and institutions such as insurance and credit markets. It will examine how regulations intended to solve a particular set of issues might exacerbate problems, potentially resulting in financial crises or other disastrous events. This lecture was recorded by Raghavendra Rau on 20th January...