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die Frage auf, wie sich dieser Trend erklären lässt. Die klassischen Argumente für Leasing, wie z.B. bilanzielle Effekte … oder steuerliche Vorteile, können die Motivation, Investitionen durch Leasing zu finanzieren, nicht hinreichend begründen … seinen Informationsvorsprung ausnutzt. Leasing ist bei asymmetrischer Informationsverteilung aufgrund des Aussonderungsrechts …
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Globally, real estate trade is highly regularized. Usually, the market value is not negotiated simply between the seller and potential buyer but based on an assessment performed by a professional valuer, known as a surveyor or appraiser. This paper inquires about the economic role of valuers in...
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We consider Bayesian incentive-compatible mechanisms with independent types and either private values or interdependent values that satisfy a form of "congruence." We show that in these settings, interim participation constraints are satisfied when the status quo is the randomized allocation...
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The article presents the first theoretical and empirical estimation of the role of logistics in mitigating the effects of market information asymmetry in Poland. Following a review of international (Akerlof, Spencer, Stiglitz) and Polish literature (Gołembska, Gruszecki, Stradomski), a new...
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