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Q5.Asymmetric information(10Marks) Definitionandmeaning Potentialissuesarising fromasymmetricinformation Various strategies which could be used to overcomeproblemsassociatedwithasymmetricinformation Circumstances/examples where asymmetricinformationcouldoccur Moralhazard;adverse selection Screening;signalling

Q5.Asymmetric information(10Marks)

Definitionandmeaning
Potentialissuesarising fromasymmetricinformation
Various strategies which could be used to overcomeproblemsassociatedwithasymmetricinformation
Circumstances/examples where asymmetricinformationcouldoccur
Moralhazard;adverse selection
Screening;signalling

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