Lecture, Barnard's Inn Hall, Monday, 20 May 2024 - 18:00
Asymmetric Information in Finance Explained
In every financial transaction, one side has more information than the other. For example, when someone buys a used car, the seller will know better than the buyer whether the car is a plum or a lemon. Does more information leave you better off?
One of the fascinating ideas behind the concept of asymmetric information is that more information can lead to you being actually worse off.
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