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.
, 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.