Asymmetric information is a relevant concept for studying and understanding financial markets. In this paper we discus … the effect of asymmetric information on the borrower–lender relationship. The presence of asymmetric information in … exploiting the lender’s lack of information. When credit is allocated, there is another risk known as moral hazard. Moral hazard …

Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer …

information, we show that low-skilled workers are expected to provide higher amounts of remittances when remittances are motivated …

This paper studies asymmetry of information and transfers within a unique data set of 712 extended family networks from … belonging to the same network. We show that there is significant asymmetry of information and no evidence of major systematic … migrants regarding non-migrants. We develop a static model of asymmetric information that contrasts altruism, pressure and …

coins for a fee. We consider two sources of imperfect information: counterfeit coins and clipping. With counterfeits we show … the commodity money system, our analysis relates to the more general issue of asset trading under imperfect information. …

We consider a model of cake-eating with private information. The model captures phenomena such as trust and “security …