Asymmetric Information: How Hidden Facts Shape Markets

This mini-course explores how hidden information distorts markets, using real-world examples like used cars, health insurance, and risky business behavior. Through video lessons, multiple-choice questions, and “Learn with AI” activities, students examine concepts like adverse selection, moral hazard, and signaling. They’ll investigate why markets can fail when trust breaks down, how policies and signals help restore confidence, and use AI tools to test ideas, analyze incentives, and deepen their understanding of asymmetric information in action.