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Sudan Aryal
Sudan Aryal

23 Followers

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Published in

Marker

·Nov 5, 2022

The Economics of Asymmetric Information

“If he wants to sell that horse, do I really want to buy it?”. The question represents a problem that’s as old as markets themselves. The problem concerns what’s called “information asymmetry”, and this article explores some of the most profound literature on information asymmetry and economic policy. Market failure…

Information Asymmetry

11 min read

The Economics of Asymmetric Information
The Economics of Asymmetric Information
Information Asymmetry

11 min read


Published in

Marker

·Feb 3, 2022

Homo Economicus: What’s Wrong with the Rational Economic Man?

Classical physics offered more to economic modeling than any other field of natural science — is quantum physics the future? — “Orthodoxy means not thinking- not needing to think. Orthodoxy is unconsciousness.” -George Orwell, Nineteen Eighty-four (1949) Suppose you were offered to make a choice between two bets: bet A gives you a 9/10 chance of winning $10, while bet B has a 1/10 chance of winning $100. …

Economics

6 min read

Homo Economicus: What’s Wrong with the Rational Economic Man?
Homo Economicus: What’s Wrong with the Rational Economic Man?
Economics

6 min read

Sudan Aryal

Sudan Aryal

23 Followers

Economics is fun, isn't it?

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