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  1. Home
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  3. Information, risk, and insurance

Information, risk, and insurance

OpenStax OpenStax
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Introduction to information, risk, and insurance
The problem of imperfect information and asymmetric information
1   “lemons” and other examples of imperfect information
2   How imperfect information can affect equilibrium price and quantity
3   When price mixes with imperfect information about quality
4   Mechanisms to reduce the risk of imperfect information
5   Key concepts and summary
6   Problem
7   References
Insurance and imperfect information
1   How insurance works
2   Government and social insurance
3   Risk groups and actuarial fairness
4   The moral hazard problem
5   The adverse selection problem
6   U.s. health care in an international context
7   Government regulation of insurance
8   The patient protection and affordable care act
9   Key concepts and summary
10   Problems
11   References

Source:  OpenStax, Microeconomics. OpenStax CNX. Aug 03, 2014 Download for free at http://legacy.cnx.org/content/col11627/1.10
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