Definition: Asymmetric Information is a phenomon in economic, legal and corporate science dealing with communication and decision making where one party has more or better information than the other. Because of that there is an inbalance of power in making transactions.
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2023 MBA Brief - Last updated: 6-2-2023 - Privacy | Terms