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Decision Making Under Information Asymmetry:Experimental Evidence on Belief Refinements
Decision Choices and Conditions
2015/4/29
We explore how individuals make decisions in an operations management setting when there is information asymmetry between the firm and an outside investor. A common assumption in the signaling game li...
Exchange-traded funds and information asymmetry
exchange-traded funds information asymmetry liquidity adverse selection cost
2010/10/18
The exchange-traded funds (ETFs) are traded just like shares of common stocks, but they
are unit investment trusts and their share prices are directly linked to their respective stock indexes. Theore...