The quality of information on the financial market in the context of the financial crisis

Autor:	Michał Moszyński
Jazyk:	angličtina
Rok vydání:	2009
Předmět:	financial markets financial crisis asymmetric information Law Economics as a science HB71-74
Zdroj:	Ekonomia i Prawo, Vol 5, Iss 1, Pp 43-58 (2009)
Druh dokumentu:	article
ISSN:	1898-2255 2392-1625
DOI:	10.12775/EiP.2009.003
Popis:	The article concerns the sources of the financial crisis in the U.S. from the perspective of the quality of information. The line of thoughts is based on the thesis that imperfect information has contributed – among other factors – to the development of the crisis. The problem of asymmetric information is analyzed on the basis of relations among market participants involved in assets securitization, owing to the fact that this complex process constitutes the epicenter of the crisis and, at the same time, is the source of seriousinformation problems.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/6408825ccffb4da892c576763d0a40fa Zobrazit plný text záznamu View record in DOAJ