LIRNEasia is a regional ICT policy and regulation think tank active across the Asia Pacific

Tag Archives: moral hazard

Kenneth Arrow who shed light on information and markets passes

Much of what we work on involves information in markets. Transaction costs, information asymmetries feature large in our work. We hope to address insurance in our future work. In all these areas, Kenneth Arrow’s influence is immense. We mourn his passing. Professor Arrow anticipated the modern analysis of markets in which buyers and sellers do […]


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