![](/template/termwiki/images/likesmall.jpg)
Home > Terms > Armenian (HY) > ասիմետրիկ ինֆորմացիա
ասիմետրիկ ինֆորմացիա
When somebody knows more than somebody else. Such asymmetric information can make it difficult for the two people to do business together, which is why economists, especially those practicing game theory, are interested in it. Transactions involving asymmetric (or private) information are everywhere. A government selling broadcasting licenses does not know what buyers are prepared to pay for them; a lender does not know how likely a borrower is to repay; a used-car seller knows more about the quality of the car being sold than do potential buyers. This kind of asymmetry can distort people's incentives and result in significant inefficiencies.
0
0
Melhorar
- Categoria gramatical: noun
- Sinónimo(s):
- Blossary:
- Actividade/ Sector: Economy
- Category: Economics
- Company: The Economist
- Produto:
- Acrónimos-abreviatura:
Outras línguas:
O que quer dizer?
Terms in the News
Featured Terms
ձեռքերը կանթած
Դիրք, երբ ձեռքերը կոնքամասում են և արմունկներն էլ դուրս են հակված:
Contribuidor
Featured blossaries
Browers Terms By Category
- Characters(952)
- Fighting games(83)
- Shmups(77)
- General gaming(72)
- MMO(70)
- Rhythm games(62)
Video games(1405) Terms
- Marketing communications(549)
- Online advertising(216)
- Billboard advertising(152)
- Television advertising(72)
- Radio advertising(57)
- New media advertising(40)
Publicidade(1107) Terms
- ISO standards(4935)
- Six Sigma(581)
- Capability maturity model integration(216)
Quality management(5732) Terms
- Cosmetics(80)
Cosmetics & skin care(80) Terms
- Plastic injection molding(392)
- Industrial manufacturing(279)
- Paper production(220)
- Fiberglass(171)
- Contract manufacturing(108)
- Glass(45)