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Information Failure: Four Short Revision Videos

AS, A-Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 7 May 2020

This reference resource brings together four short videos looking at aspects of information failure in markets.

Information Failure: Markets for Used Vehicles

The market for used cars is chosen here as an application of asymmetric information in markets as a possible cause of market failure.

​Information Failure: Markets for Used Vehicles

Information Failure: Health Insurance and Adverse Selection

The health insurance market is considered in this short video including the potential problems caused by adverse selection.

Information Failure: Health Insurance and Adverse Selection

Information Failure: The Anti-Vaccination Movement

This video looks at a topical issue, namely the reluctance of a growing number of people in the United States and Europe to receive recommended vaccinations or refuse them altogether.

​Information Failure: The Anti-Vaccination Movement

Information Failure: Key Analysis Diagrams

Here are some analysis diagrams that you might want to use to score good marks for analysis in exam questions on information failure.

​Information Failure: Key Analysis Diagrams

Revision Quizlet Activity on Information Economics

Try this revision quizlet which contains a number of key terms on information economics.

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