Information Asymmetry in Federations

Efficiency and Information Asymmetry in the Iranian Banking System

The soundness and efficiency of banks is one of the important subjects that neglecting it can have adverse consequences for every country's economy. For economies depending on the money market, such as the Iran economy, this subject is more critical. Therefore, in this study, using panel data related to 16 Iranian banks for the annual period of 2010-2017, the economic efficiency was determined ...

Cooperations and Federations of Traders in an Information Market

We observe the increasing value of information in our society. A consequence is the development of an information market, where the "product" information is dealt under the law of supply and demand. In this paper, we present a trading service for an information market, which assists in the location and selection of appropriate providers for the special demand of a customer. One main idea descri...

A truthful Screening Mechanism for Improving Information Asymmetry in Initial Public Offering Transactions

Information asymmetry and information sharing

Although much digital divide research focuses on access to technology, another cause of the divide is the lack of information awareness that we call information asymmetry. Information asymmetry often stems from inadequate information sharing and can result in negative consequences for both the information poor and the information rich. Information asymmetry has been insufficiently studied as a ...

Information asymmetry and deception

Situations such as an entrepreneur overstating a project's value, or a superior choosing to under or overstate the gains from a project to a subordinate are common and may result in acts of deception. In this paper we modify the standard investment game in the economics literature to study the nature of deception. In this game a trustor (investor) can send a given amount of money to a trustee (...