Financial Markets Run on Information
Lecture no. 3 from the course: Financial Literacy: Finding Your Way in the Financial Markets
Taught by Professor Connel Fullenkamp | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses
There’s one resource in the financial markets that’s even scarcer than money or time: information. Discover the worst problems of asymmetric information and the way lenders build remedies to mitigate risk into the process of writing and trading financial contracts. Also, see how this information gap can work to your advantage.