Incidence of Asymmetric Information in the Decision-Making of Market Economic Agents
Introduction Asymmetric information is a scenario where one of the parties in an economic transaction or business agreement (usually the seller) possesses superior knowledge than the other party (usually the buyer) (Asymmetric information problem, n.d). In capital markets, it refers to a situation where one economic agent (typically the seller) of financial securities possesses more ... Read More
Pages: 6 Words: 1456