Work

Symmetric ignorance: The cost of anonymous lemons

Year: 2020
Type: article
Abstract: Rules that restrict information required in negotiated private transactions have spurred a vast increase in the scope of anonymous financial markets, particularly in the United States. The subtle costs of the information‐restricting rules raise questions about the social value of “completing” anonymous markets that would not naturally survive and did not historically exist.
Author: Amar Bhidé
Institution: Harvard University
Language: English
Subfield: Finance
Open Access status: hybrid
Estimated APC paid: $2,800
OpenAlex ID: W3106596227
FWCI: 0.723
Cites: 30
Cited by: 32
Related to: 10