Sentences with phrase «information asymmetry between»

Often, a protocol's adoption relies more on network effects (i.e. strong community backing) than it does on proprietary information or functionality, so there is an inherent incentive to reduce the information asymmetry between a project's core team and its support community.

In my second post, I argued that a litigation finance contract arguably implicates the securities laws» interest in full and fair disclosure because of information asymmetry between the funder and the claimant.

In a recent Slaw blog, Malcolm Mercer thoughtfully explores how information asymmetry between legal service providers and consumers may impact access to justice.

Given the information asymmetry between education providers and parents, schools that obtained certification from trusted independent agencies would then have a comparative advantage.

There was this information asymmetry between consumers and professionals in real estate, and so we thought we could apply some of the same themes around information empowerment.

However, there's plenty of evidence that shopping for schools is complicated by information asymmetries between schools and parents and extensive stratification in access to information between low - income and more affluent parents.

Liquidations occur for two primary reasons: there are information asymmetries between investors and investment managers, and 2) investors rely on past performance to ascertain expected future performance (Shleifer and Vishny (1997)-RRB-.

Not exact matches

And when much is at stake and the industry is marked by an asymmetry of information between the layman and those in advisory roles, an organized process for defining and certifying those professionals is required.

His invention of serial block - face scanning electron microscopy then revealed the wiring asymmetry between these inter-neurons and the retinal ganglion cells that convey motion information to the brain.

One of the biggest problems with the very local, district / charter - like markets is that there are huge information asymmetries — both on performance and price — between large, national providers and generally unsophisticated buyers.

This asymmetry of information in the used car market is, according to Akerlof, the primary reason why there is a pricing disparity between a new car and even the most recent of a used car.

Perhaps the difference between a profession and some businesses is that professions organize their affairs more like eBay (and less like used car salesmen) by reducing information asymmetry by requiring candour and by providing effective remedies where candour is lacking!

Given the explicit conflict between the client's interest (paying less money) and the lawyer's interest (receiving more money), and given the information asymmetry that characterizes many lawyer - client relationships, this is a field in which regulators need to be more prescriptive.

I believe the greatest obstacle to such arrangements has been an asymmetry of information between the buyer and seller — the disparity between what firms know about the true cost of legal services they provide and what clients know.