Concept information
Preferred term
asymmetric information
Definition(s)
- Information is asymmetric when material information is not generally shared with all participants in a market. This means that, in the credit market, for example, borrowers may have valuable information that lenders do not have but that might be critical to make informed decisions. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Asymmetric Information]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-WZCXCP3J-N
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