markets - Concepts

Explore concepts tagged with "markets"

Total concepts: 3

Concepts

Asymmetric Information - When one party in a transaction has more or better information than the other, affecting decision quality and market function.
Grossman-Stiglitz Paradox - The paradox that if markets are informationally efficient, there is no incentive to gather information, which undermines that efficiency.
Innovation Diffusion - How innovations spread through populations over time following predictable patterns.