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dc.contributor.authorKolar, Jan
dc.date.accessioned2017-03-06T09:46:58Z
dc.date.available2017-03-06T09:46:58Z
dc.date.issued2016-12-09cs
dc.identifier.citationWorkshop specifického výzkumu 2016. 2016, s. 43-49. ISBN 978-80-214-5472-9.cs
dc.identifier.isbn978-80-214-5472-9
dc.identifier.urihttp://hdl.handle.net/11012/63857
dc.description.abstractThe subject of the article is the concept of information asymmetry, which currently belongs among highly discussed themes in economics. In the article, we deal with the basic concepts, which play an important role in the overall perspective on the given issue. One of them is moral hazard, which is a fundamental consequence of information asymmetry. The market subjects or individual people often misuse their superior informational capabilities for their own use, but at the same time they inadvertently contribute to the inefficiency of the specific market, which can lead to extensive market failure. Other important consequences include so-called adverse selection, which results in the gradual displacement of good products by inferior ones. The occurrence of adverse selection in the specific market then results in pressure to reduce prices. In particular, the article analyses the current state of knowledge in the area of information economics, on the basis of previously published articles. We also deal with the effect of modern technology on the economic mechanism and information asymmetry. One of them is the internet, which plays a key role in the transmission of information. The aim of the article is to perform an analysis of the current state of knowledge in the area of information asymmetry on the basis of relevant published articles, and thus create a comprehensive and compact perspective on the given issue. An important section is the analysis of the possible impact of modern technology on information asymmetry, where own conclusions are drawn on the basis of findings by various authors.en
dc.formattextcs
dc.format.extent43-49cs
dc.format.mimetypeapplication/pdfen
dc.language.isoencs
dc.publisherVysoké učení technické v Brně,Fakulta podnikatelskács
dc.relation.ispartofWorkshop specifického výzkumu 2016cs
dc.rights© Vysoké učení technické v Brně,Fakulta podnikatelskács
dc.subjectInformation asymmetryen
dc.subjectmarkets failuresen
dc.subjecteconomic informationen
dc.subjectmarket inefficiencyen
dc.subjectmoral hazarden
dc.titleInformation asymmetry in economicsen
eprints.affiliatedInstitution.departmentFakulta podnikatelskács
but.event.date9.12.2016cs
but.event.titleWorkshop specifického výzkumu 2016cs
dc.rights.accessopenAccessen
dc.type.driverconferenceObjecten
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen


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