Theses on information imperfection, market failure and remedy
The theses focus on the market failure induced by information imperfection. We study this type of market failure separately in the context of corporate equity finance and long-term bilateral transactions. In the equity finance market, adverse selection may arise due to the asymmetric information of...
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University of Edinburgh
2007
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.650486 |