asymmetric information

The play in the game of asymmetric information is less clear.

He is particularly famous for his work on incentives under asymmetric information.

The market for used cars collapses when there is asymmetric information.

With technology increasing, the likelihood of asymmetric information happening is declining.

The reason for this is the familiar story of asymmetric information between lenders and borrowers.

These situations of asymmetric information are very common in economics and behavioral biology.

Pecking Order theory tries to capture the costs of asymmetric information.

Capital markets may have asymmetric information problems because borrowers are better aware of their situation than lenders.

In traditional game theory the order of moves was only relevant if there was asymmetric information.

These two emphasize asymmetric information and agency problems.

Another common way to motivate the absence of state contingent securities is asymmetric information between agents.

Also, implicit contracts have been playing an important role in explaining credit rationing under asymmetric information.

In other words, there is asymmetric information.

In other pioneering research, Arrow investigated the problems caused by asymmetric information in markets.

Through group lending, situations of adverse selection and moral hazard due to asymmetric information are better managed.

Pecking order theory starts with asymmetric information as managers know more about their companies prospects, risks and value than outside investors.

There is additional confusion under asymmetric information.

This relationship has asymmetric information though.

During the '70s, Phelps and Calvo worked on research for making contracts using asymmetric information.

Credit rationing does not just caused from asymmetric information but also from limited enforcement in case of default.

Gore (p. 341) discusses the concept of "green labeling" as a mechanism for limiting asymmetric information in the economic market.

This dynamic trading model with asymmetric information has been one of the workhorse models in the literature on market microstructure.

The Myerson-Satterthwaite theorem is an important result in mechanism design and the economics of asymmetric information.

In an incomplete information (asymmetric information) case a buyer and a seller know only their own valuations.

The existence of market friction, asymmetric information and search costs all violate the assumptions of perfect competition.