How to reduce efficiency of the market


Discuss the below:

Unequal Information

• Lack of equal information or access to information that favors one party over the other since one has better, or "superior" information

• Can benefit one party while the other suffers since they are not on a equal playing field when making financial decisions

• Only unfair when illegitimately acquired or when its use violates its obligation to others

• Can reduce efficiency of the market

Unequal Bargaining Power

• Resources

• Processing Ability

• Vulnerabilities

• Above are the definition, and basically just give me 1 example each of real world examples of the case of ""unequal information" and"Unequal bargaining power"

Solution Preview :

Prepared by a verified Expert
Marketing Management: How to reduce efficiency of the market
Reference No:- TGS02064504

Now Priced at $25 (50% Discount)

Recommended (92%)

Rated (4.4/5)