information asymmetry

(redirected from Markets with asymmetrical information)

Information asymmetry

Condition that information is known to some, but not all, participants.

information asymmetry

see ASYMMETRY OF INFORMATION.
References in periodicals archive ?
The winners, George Akerlof, Michael Spence, and Joseph Stiglitz, were honored for their groundbreaking work in the field of markets with asymmetrical information.