Overview

asymmetric information


Show Summary Details

Quick Reference

1 An aspect of the agency problem in which managers have superior information to shareholders regarding the state of the shareholders' investment. See signalling hypothesis.

2 The situation in which the purchaser of an insurance contract knows more about the nature of the risks than the seller of the contract (see adverse selection).

Subjects: Economics.


Reference entries

See all related reference entries in Oxford Index »


Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.