Since 2014
A Student of Year 12 in Harrow International School Hong Kong
Journal of Research in Business, Economics and Management
View Archive Info| Field | Value | |
| Title |
A Student of Year 12 in Harrow International School Hong Kong
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| Creator |
Zhou, Nanqi
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| Description |
George Akerlof introduced the idea that due to asymmetric information between the buyer and the seller in the lemons market, the market for second-hand vehicles will eventually go on the wane. Parallel to this argument, this essay discusses the extent of problem caused by information asymmetry in the financial market, with the most prominent issues being adverse selection, moral hazard and principal agent problem. Yet, with more regulation from the government and the market, some of these problems can be ameliorated, thus reducing the role that asymmetric information plays in the financial market.
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| Publisher |
SCHOLINK INC.
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| Contributor |
—
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| Date |
2018-08-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.scholink.org/ojs/index.php/jepf/article/view/1540
10.22158/jepf.v4n3p260 |
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| Source |
Journal of Economics and Public Finance; Vol 4, No 3 (2018); p260
2377-1046 2377-1038 |
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| Language |
eng
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| Relation |
http://www.scholink.org/ojs/index.php/jepf/article/view/1540/1690
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| Rights |
Copyright (c) 2018 Nanqi Zhou
http://creativecommons.org/licenses/by/4.0 |
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