Government interventions in a dynamic market with adverse selection

Optimal Interventions in Markets with Adverse Selection

1 Akerlof (1970) shows how asymmetric information can create adverse selection and undermine market efficiency. Economic and legal institutions, such as auditors, underwriters, accountants, or used-car dealers, often emerge to limit adverse selection and allow markets to function. As a result, direct government interventions are usually unnecessary. If a market does collapse, however—presumably...

Government market interventions into rice wheat and cotton in iran

Dynamic Determinants of Dividend in Affiliated and Unaffiliated Firms to Government in Tehran Stock Exchange (TSE)

Dividend Policy is one of the most important financial decisions that managers encounter. This study contributes to the literature of dividend and empirical research investigating the effects of dynamic factors in Tehran Stock Exchange. Based on some criteria, the study contains 133 listed firms over a 10-year period from 2001 to 2010. To test the research hypotheses, this study uses Fixed Effe...

Strategy-aligned fuzzy approach for market segment evaluation and selection: a modular decision support system by dynamic network process (DNP)

In competitive markets, market segmentation is a critical point of business, and it can be used as a generic strategy. In each segment, strategies lead companies to their targets; thus, segment selection and the application of the appropriate strategies over time are very important to achieve successful business. This paper aims to model a strategy-aligned fuzzy approach to market segment ev...

Dynamic Labor Market in a Dynamic Stochastic General Equilibrium Model: Case Study of Iranian Economy

The labor market, as one of the four markets, plays an important role in economic growth and development. So review developments in the labor market because of its close relationship with developments in other sectors is of great importance. This study tries to examine the dynamics of the labor market by adjusting for a New Keynesian dynamic stochastic general equilibrium model for the Iranian ...