information asymmetry

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Information asymmetry

Condition that information is known to some, but not all, participants.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

information asymmetry

see ASYMMETRY OF INFORMATION.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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(1988), "The Development of Corporate Financial Markets in Britain and the United States 1600-1914: Overcoming Assymetric Information," Business History Review, Vol.
The effect of regulation on statement disclosures in the 1915 Moody's manuals
Armando Gomes, University of Pennsylvania, "Going Public with Assymetric Information: Agency Costs and Dynamic Trading"
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(3) In the assymetric information case, the worker in period 1 will choose:
The welfare effects of disclosure under cognitive dissonance

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