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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Bibliographic Details
Main Author: Trivić Nada
Format: Article
Language:English
Published: University of Pristina in Kosovska Mitrovica, Faculty of Economics 2016-01-01
Series:Ekonomski Pogledi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2016/1450-79511603013T.pdf