Información asimétrica y mecanismos de mercado

José María Usategui
Additional contact information
José María Usategui: Universidad del Pais Vasco (UPV-EHU)

EKONOMIAZ. Revista vasca de Economía, 1999, vol. 45, issue 03, 116-141

Abstract: This work discusses the difficulties that information asymmetries between economic agents imply for the relationships between these agents and presents the mechanisms developed to solve those difficulties. The problerns of adverse selection, signalling, screening and moral hazard are analyzed, some of their implications for quality, labor relationships, insurance contracts, capital market financing and bank loans are derived, and signals as warranties, education levels, coinsurance or self-financing by firms are studied. The presentation emphasizes the relevance for the knowledge economy of the set of problems considered.

Keywords: Información asimétrica; mecanismos de mercado; selección adversa; incentivos (search for similar items in EconPapers)
JEL-codes: D8 (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ogasun.ejgv.euskadi.eus/r51-k86aekon/es ... publ=40&registro=571 complete text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:1999305

Ordering information: This journal article can be ordered from
Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain

Access Statistics for this article

More articles in EKONOMIAZ. Revista vasca de Economía from Gobierno Vasco / Eusko Jaurlaritza / Basque Government Contact information at EDIRC.
Bibliographic data for series maintained by Iñaki Treviño ().