Information Asymmetry

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August 18, 2024 6 min read Dictionary
Asymmetric Information
Economics Market Dynamics Information Asymmetry Transaction Costs Economic Theories Market Efficiency Pricing Mechanisms
Asymmetric Information, also known as 'information failure,' is when one party in an economic transaction has more or better information than the other.
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August 18, 2024 6 min read Dictionary
Rational Expectations Theory
Economics Finance Rational Expectations Macroeconomics Economic Theories Decision-Making Information Asymmetry
A theory suggesting that individual's economic decisions are based on rationality, available information, and past experiences.
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