A Fully Explained Adverse Selection Practice Problem скачать в хорошем качестве

A Fully Explained Adverse Selection Practice Problem

Game Theory Struggle | Master The Math: Adverse Selection Problems: In this video I talk about an example Adverse Selection problem. I talk about setting up an Adverse Selection Problem, how to make a "Cheat Sheet" for the Adverse Selection Problem, and solving the Adverse Selection Problem. I talk talk about strategies for figuring out which Adverse Selection Problem Constraints bind, and how to use that to make the problem easier to solve. Timestamps: 0:00 - Overview of Adverse Selection 0:55 - The Example Adverse Selection Problem 2:37 - Example Cheat Sheet for Problem 3:44 - Conceptual Solution Intro (Example Part A) 5:27 - Solution under Full Info (Example Part B) 7:47 - Setting up the Adverse Selection (Example Part B) 9:31 - Individual Rationality and Incentive Compatibility Constraints 10:50 - Thinking Through Which Constraints Bind (Example Part D) 13:48 - Combining and Simplifying Constraints 16:14 - Using Simplified Constraint in PMP 17:03 - Checking Separating Equilibrium Holds 17:55 - Full Info vs Asymmetric Info (Example Part E)