- Tytuł:
-
Asymetria informacji a transakcje wiązane
Information Asymmetry and Tie-in Transactions - Autorzy:
-
Prokop, Jacek
Baranowska-Prokop, Ewa - Powiązania:
- https://bibliotekanauki.pl/articles/575918.pdf
- Data publikacji:
- 2006-08-31
- Wydawca:
- Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
- Tematy:
-
information asymmetry
capital goods
tie-in transactions - Opis:
- The article sets out to determine if tie-in transactions can be a more favorable form of buying capital goods for enterprises than ordinary market transactions in the event of an information asymmetry. The authors present a model situation in which an enterprise from a less developed country decides to buy technology from a company based in a highly developed country. The quality of the technology is unknown to the buyer, who has two forms of transactions to choose from: a market transaction or a tie-in. The authors prove that in the event of considerable uncertainty about the quality of the technology involved, tie-ins may be the preferred form of trade. Such transactions play the role of specific insurance in case the technology purchased proves to be of substandard quality. Tie-in transactions are a reliable signal of the quality of capital goods if there is an information asymmetry between the seller and the buyer. They represent a rational response to conditions limiting market exchange.
- Źródło:
-
Gospodarka Narodowa. The Polish Journal of Economics; 2006, 209, 7-8; 9-25
2300-5238 - Pojawia się w:
- Gospodarka Narodowa. The Polish Journal of Economics
- Dostawca treści:
- Biblioteka Nauki
Artykuł