TY - GEN

T1 - ASYMMETRIC INFORMATION AND ITS CONSEQUENCES FOR VARIOUS TYPES OF TRANSACTIONS

AU - Dengov, Victor V.

AU - Gregová, Elena

PY - 2014

Y1 - 2014

N2 - The article is devoted to a serious theoretical problem - asymmetric information and its consequences for various types of transactions. The study of this problem is an important part of solving the problem of transition to a new economic paradigm. Before proceeding to the solution of particular specific questions need to determine in the main basic definitions. Economic reality gives us many examples of adverse selection, opportunistic behavior and moral hazard, the continuing difficulties of market entities.

AB - The article is devoted to a serious theoretical problem - asymmetric information and its consequences for various types of transactions. The study of this problem is an important part of solving the problem of transition to a new economic paradigm. Before proceeding to the solution of particular specific questions need to determine in the main basic definitions. Economic reality gives us many examples of adverse selection, opportunistic behavior and moral hazard, the continuing difficulties of market entities.

KW - commitments

KW - unilateral contract

KW - specific assets

KW - precontractual opportunism

KW - hidden information

KW - moral hazard.

M3 - Conference contribution

SN - 978-80-554-0927-6

SP - 733 стр., 59-64

BT - ASYMMETRIC INFORMATION AND ITS CONSEQUENCES FOR VARIOUS TYPES OF TRANSACTIONS

PB - EDIS-Zilina University publisher

ER -