Minardi, Sanvicente, and Monteiro (2006) showed the absence of order processing and inventory holding costs and the presence of
asymmetric information costs in the Brazilian stock market.
As I discuss later on, some models--which I shall call
asymmetric information models of bubbles--can be understood as proper models of bubbles.
The
Asymmetric Information Theory of Risk Retention 2.
As a first step in getting a sense of the quantitative potential of loan guarantees to alter outcomes in such settings, we now study stationary equilibria of our model under
asymmetric information.
The experiments described address such topics as
asymmetric information and bank lending, strategic default with social interactions, divisible-good uniform price auctions, dividends,
Furthermore, the public interest analysis usually pays little attention to
asymmetric information between regulator and regulatees.
Asymmetric Information, Signaling and Certification
The memo then lists some examples of market failure: "externality, market power, and inadequate or
asymmetric information," with generalized examples of each of these and a couple more claimed market failures.
Arrow pointed the finger to two industries in particular: Financial and medical services, which have taken advantage of what is characterized as "
asymmetric information" to enrich themselves at the expense of their customers.
Conditions of uncertainty, bounded rationality,
asymmetric information, and information impactedness provide an ideal framework for strategic deception.
examine the interplay between
asymmetric information and cost of capital while fully considering the forces of diversification.
Starting with the seminal study of Myers and Majluf (1984), there has been an ongoing stream of papers that suggest and provide evidence that
asymmetric information can be exploited to market-time security issues.
