Asymmetric Information in Financial Markets
Subtitle: Introduction and Applications
Publisher: Cambridge University Press
Published: September 15, 2003
Language: eng
Format: Hardcover
Number of pages: 172
ISBN-13: 9780521793421
Subjects: Finance; International economics; Macroeconomics; Mathematical modelling; Microeconomics; Business/Economics; Business & Economics; Business / Economics / Finance; Financial institutions; Accounting - General; Business & Economics / Finance; Capital market; Credit control
First sentence: A debt contract establishes the legal rights and obligations for those who receive financing (borrowers) and those who provide it (lenders).