Asymmetric information: Causes, consequences and the market and institutional responses
One of the assumptions of perfect competition market model is symmetric (full) information of market participants. However, in reality, market participants are most often asymmetrically informed. The main objective of this analysis is to show that asymmetric information is almost ubiquitous, but tha...
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Format: | Article |
Language: | English |
Published: |
University of Pristina in Kosovska Mitrovica, Faculty of Economics
2016-01-01
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Series: | Ekonomski Pogledi |
Subjects: | |
Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2016/1450-79511603013T.pdf |