Financial markets: imperfect information and risk management
Éditeur :
Palgrave Macmillan
ISBN :
9780333802045
Date de publication :
11 juil. 2001
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.