How does the asymmetric information in the market for lemons differ from the asymmetric information in the market for insurance? Explain how the use of collateral in financial markets can lessen the effects of asymmetric information in the form of adverse selection? Explain the impact asymmetric info...
Answer to: The existence of asymmetric information provides a rationale for government regulation of financial markets. Discuss this statement. By...
Selection and Asymmetric Information in Insurance Markets. The article focuses on the awareness of economists for the possibility of market failures due to the existence of asymmetric information in private insuran... Einav,Liran,Finkelstein,... - 《Nber Reporter》 被引量: 10发表: 2011年 Low-budg...
Daniel N. Tomkins Asymmetric Information Asymmetric Information & Lemons What are possible solutions? Government solutions Affordable Care Act, single-payer healthcare systems (popular in Canada, Europe) Insurance companies’ solutions Gain information – such as physicals before selling insurance Perceiv...
We use the CSI 300 sector index series for ten sectors: energy (EN), material (MAT), industrial (IND), consumer discretionary (CD), consumer staples (CS), health care (HC), financials (FIN), information technology (IT), telecommunications (TELE), and utilities (UTL). Our sample period ...
This study investigates the business value of information technology (IT) in terms of performance in bond markets, which constitute the single largest sour... K Kim,S Mithas 被引量: 10发表: 2011年 Overall Governance and Cost of Capital : Evidence From Canada Using Panel Data The governance-...
Explaining the effects of information asymmetry in health care sector, Charles Wheelan, in his bookNaked Economics, writes – Health care, for example, is plagued with information problems. Consumers of health care—the patients—almost always have less information about their care than their doctors...
I rotate between them based on asymmetric risk-reward. We don’t want to have too much exposure to falling markets and we prefer to focus on up trending markets. So, I prefer to limit my downside by predefining my risk and the upside takes care of itself as we let profits run. For ...
Cont (2001) summarizes some properties common to a wide variety of financial markets and instruments. We set a same seed number for each first-layer copula. The generated random numbers, in the range between zero and one, are put into the respective inverse cumulative generalized hyperbolic funct...
This information represents an unprecedented potential for user customized applications and business (e.g., car insurance billing, carbon tax, traffic decongestion, resource optimization in smart grids, healthcare surveillance, participatory sensing). However, the PRISM affair has shown that public ...