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Institution:
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Gonzaga University
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Subject:
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MASTERS BUSINESS ADMINISTRATIO
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Description:
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Topics in this course include the economics of insurance and information. We will discuss strategies to manage risk and uncertainty and how profit is affected in an environment of uncertainty. We will learn about how hidden actions and information can lead to moral hazard and adverse selection and how to mitigate these problems. We will discuss how this specifically applies to the health insurance industry. Finally, we will learn about different types of auctions, the optimal bid in these auctions, and the expected revenues from these auctions.
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Credits:
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1.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(509) 328-4220
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Regional Accreditation:
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Northwest Commission on Colleges and Universities
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Calendar System:
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Semester
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