| Financial Markets: Imperfect Information and Risk Management 2001 Edition Contributor(s): Baldassarri, Mario (Editor), Bagella, M. (Editor), Paganetto, L. (Editor) |
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ISBN: 1349659304 ISBN-13: 9781349659302 Publisher: Palgrave MacMillan OUR PRICE: $114.00 Product Type: Paperback - Other Formats Published: January 2014 |
| Additional Information |
| BISAC Categories: - Science - Business & Economics | Finance - General - Business & Economics | Management - General |
| Dewey: 332.094 |
| Series: Central Issues in Contemporary Economic Theory & Policy |
| Physical Information: 390 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This volume analyzes in great detail the problem of information and risk management. Both topics are a central issue in current financial and monetary economic literature. Several recent theoretical and empirical contributions consider asymmetric information between investors and financiers as a major determinant of financial risk. In this framework, we may regard financial and banking innovation as, on one hand, policy and individual agents' response to the problem of asymmetric information and risk management and, on the other, as a self-generated innovation process posing new challenges to policymakers in terms of information efficiency and risk control. This volume concentrates on one of the most important directions for research on banking and finance for the next decade. |