Which problems are illustrated in the video? How do you relate those problems to either adverse selection or moral hazard?

Externalities and Incentives: The Economics of COVID

The latter is current as we face a historic health epidemic. Watch the video and share your inputs as you relate to the two questions below.

1) Which problems are illustrated in the video? How do you relate those problems to either adverse selection or moral hazard?

2) Are you satisfy with the solutions provided to solve the problems mentioned in the video clip? Do you have other suggestions? Elaborate

Link to the video:

https://www.youtube.com/watch?v=2EFG6dvtQ6M&t=4s&ab_channel=MarginalRevolutionUniversity