... to crowdfunding market. We further compare this approach with an approach based on asymmetric information about the cost of production/investment (as in Belleflamme et al. (2014) and some other papers) and argue that even though some predictions maybe close under some general assumptions both approaches...

... – A t − 1 ) + u t + f Unemployment Asymmetric information Directional accuracy Symmetric loss Consumer expectations Research on US monetary policy is often concerned with such issues as the Federal Reserve (Fed) informational advantage over the private sector, credibility...

... among Japanese listed firms. The trend in the existing studies has shown that failure to properly account for asymmetric information phenomenon in the empirical examination of the CEO pay–performance nexus might result in spurious results which may not reveal the true status of executive compensation...