Asymmetric information has crucial implications for various market participants in financial markets, including investors (local and foreign), firms, and govern

The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All

Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the bas

This paper assesses the impact of information asymmetries on developing country financing and considers alternative techniques to reduce the adverse implication