Trust Me, I'm an Economist II

Media Type: TV Clips Topic: Incentives

Undercover Economist

Click here to watch this clip.

Undercover economist, Tim Harford, explains why buying a used car creates an adverse selection problem. Likewise, he also discusses why people who are "peaches" are often underpaid.

Contribution by Mihai Paraschiv (University of Kentucky)

Your Thoughts
Was this helpful to you?
(2 votes)
Related Content

What People are saying...

Who's Dirk?
More on the man, himself. Meet Dirk
Econ Media Library
Check out multimedia tools, videos and more in our Media Library