Death Spirals and Other Selection Problems with Amy Finkelstein


podcast audio link:

Why did I do this episode?

Selection problems are probably the most surprising and challenging feature of managing an insurance portfolio. I was frankly very surprised to see it get this kind of high profile treatment in a popular book! How could I not do a show on it!?

What did I learn?

I was very surprised at the degree to which we can actually have private information about our own risk in many areas.

What was my favorite part?

The stories about selection problems in the book give fantastic, vivid examples of this problem for learning about how difficult insurance problems really are.

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