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Information asymmetry will lead to adverse selecting and moral risk which causes the invalidation of C2C e-commerce market finally. This article introduces e-commerce intermediaries into the gambling analysis, transform the prestige mechanism to influence factor of the parameter, to reveal the four mechanisms taken by e-commerce intermediaries in buyers and sellers gambling and explain how to alleviate...
In the research of revenue in the outsourcing process, the traditional model rarely takes the invisible benefits into account. This leads to an asymmetric information model in the revenue game between outsourcers and contractors. On this basis,with the study of outsourcers who are providing the same excitation conditions, we study the difference of effort in the contractors within the invisible and...
To solve the moral hazard problems arising from the information asymmetry in construction market, analyze the role that the corporate reputation of construction firms can play, and prove it using “Reputation effects model in agent market” in information economics. Then in consideration of the model and the actual situation of the construction market in China, make a further analysis on the key issues...
Due to the information asymmetry, investors are confronted with the "moral risk" of entrepreneurs in the venture capital investment. By using game theory, this paper gives an in-depth analysis to the "moral risk" of entrepreneurs and draws some valuable research conclusions and suggestions, including: behavioral choice of entrepreneurs is a function of the system; the enterprises...
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