The information asymmetry in the global economy Cover Image

Асиметричність інформації в глобальній економіці
The information asymmetry in the global economy

Author(s): O. Pryz
Subject(s): Supranational / Global Economy, Business Economy / Management
Published by: Дніпропетровський національний університет імені Олеся Гончара
Keywords: information asymmetry; market uncertainty; entrepreneurship; business efficiency; market imperfection;

Summary/Abstract: It is studied information asymmetry in terms of the internationalization of the world economy prevents optimal decision making, creates additional transaction costs for producers, resulting in an unequal position in the market economic actors affect the behavior of firms and leads to a fall in the market. It is defined that asymmetric information is mainly seen on the markets of developing countries: users have no information or full information, or uneven advantage of it, resulting in the displacement of manufacturers of quality products and market failure

  • Issue Year: 22/2014
  • Issue No: 3
  • Page Range: 69-73
  • Page Count: 5
  • Language: Ukrainian