Essays on the Role of Institutions with Persistent Asymmetric Information and Imperfect Commitment

Released on by Shreemoy Mishra
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  • Essays on the Role of Institutions with Persistent Asymmetric Information and Imperfect Commitment Book Detail

  • Author : Shreemoy Mishra
  • Release Date : 2008
  • Publisher :
  • Genre : Consumer protection
  • Pages : 184
  • ISBN 13 :
  • File Size : 67,67 MB
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Essays on the Role of Institutions with Persistent Asymmetric Information and Imperfect Commitment by Shreemoy Mishra PDF Summary

Book Description: This dissertation is a collection of three essays that study the market for consumer information. The first chapter studies the role of information intermediaries and their impact on consumer privacy. The second chapter presents an analysis of signaling in credit and insurance markets through default and repayment decisions. The third chapter studies some special topics such the manipulation of credit histories by fake borrowing or deletion of records. It also identifies a learning mechanism through which uninformed consumers can endogenously learn the link between credit market behavior and insurance market outcomes.

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