Asymmetric Information and the Provision of General Training
Title | Asymmetric Information and the Provision of General Training PDF eBook |
Author | Animesh Shrivastava |
Publisher | |
Pages | 21 |
Release | 1995 |
Genre | Employees |
ISBN |
General Training Under Asymmetric Information
Title | General Training Under Asymmetric Information PDF eBook |
Author | Eliakim Katz |
Publisher | |
Pages | 40 |
Release | 1989 |
Genre | Employees |
ISBN |
Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.
General Training Under Asymmetric Information
Title | General Training Under Asymmetric Information PDF eBook |
Author | Eliakim Katz |
Publisher | |
Pages | 38 |
Release | 1989 |
Genre | Employees |
ISBN |
Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.
Intermediate Microeconomics
Title | Intermediate Microeconomics PDF eBook |
Author | Patrick M. Emerson |
Publisher | |
Pages | |
Release | 2019 |
Genre | Economics |
ISBN |
Asymmetric Information and the Market Structure of the Banking Industry
Title | Asymmetric Information and the Market Structure of the Banking Industry PDF eBook |
Author | Mr.Giovanni Dell'Ariccia |
Publisher | International Monetary Fund |
Pages | 32 |
Release | 1998-06-01 |
Genre | Business & Economics |
ISBN | 145195154X |
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather proprietary information about their clients, acquiring an advantage over potential entrants. These informational asymmetries are an important determinant of the industry structure and may represent a barrier to entry for new banks. The paper shows that, in contrast with traditional models of horizontal differentiation, the steady-state equilibrium is characterized by a finite number of banks even in the absence of fixed costs.
Asset Pricing Under Asymmetric Information
Title | Asset Pricing Under Asymmetric Information PDF eBook |
Author | Markus Konrad Brunnermeier |
Publisher | Oxford University Press, USA |
Pages | 264 |
Release | 2001 |
Genre | Business & Economics |
ISBN | 9780198296980 |
The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information is crucial in this area. This book provides a useful survey for graduate students.
Allocation, Information and Markets
Title | Allocation, Information and Markets PDF eBook |
Author | John Eatwell |
Publisher | Springer |
Pages | 321 |
Release | 1989-09-21 |
Genre | Business & Economics |
ISBN | 1349202150 |
This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.