PPT-Agency theory : how asymmetric information affects economic behavior

Asymmetric Information in Finance Financial Structure Adverse selection Before a transaction Lemons Problem Moral hazard After the transaction Principal Agent Problem Debtor amp Risk. Behavioral . Economics. Standard Economics + Psychology = Behavioral Economics. What is the standard economic model?. The standard, or neo-classical, economic model is the way most economists think about consumer welfare and consumer choice.. Prof. Rous. Hickory Hall 220f. jrous@unt.edu. What is Economics?. “The study of the economy” – Jane Q. Public. “Economics is the science which studies human behavior as a relationship between given ends and scarce means which have alternative . Libb Thims. 29 Jan 2013 University of Pitesti Econophysics and Sociophysics Workshop / Exploratory Domains of Econophysics News, Pitesti, Romania, 10:20-10:50AM. About the Speaker. ● . Journal of Human Thermodynamics. Rejecting Individualism:. The Chicago School. Chicago School Criminologists. Robert Park: Crime and the city. Park and Burgess: Concentric Zone Theory. Shaw and McKay: Social Disorganization theory and the Chicago Area Project. Radmilo V. Pešić. University of Belgrade. Serbia. Do we need Economics at all?. To make students` life harder, to make economists more esoteric, to make economic profession more exclusive and better paid, to make politicians more addicted to economists, and to make journalists more ignorant…….???. Krystle. . Stehno. Jeremy . Kurth. And Holly . Yousse. Contents. Information Processing Theory. Behaviorism Theory. Classical Conditioning. Connectionism. Operant Conditioning. Contiguity Theory. Constructivist Theory. Psychoanalytic Theory?. Humanistic Theory?. Eastern and Native Cultures?. Behavior Theory?. Social Learning Theory?. Trait/Type Theory?. Psychoanalytic Theory. Freud asserts we are motivated by psychosexual forces. Physical Health. Social Health. What are the three components . of your health triangle?. What affects your health?. Heredity – . traits that were biologically passed on to you from your parents.. In this section, you will learn:. about securities, such as stocks and bonds. the economic functions of financial markets. how asymmetric information can disrupt financial markets. how banks compare to financial markets, and how they combat problems from asymmetric information. Kathleen M. Eisenhardt. Department of Industrial Engineering and Engineering management, Stanford University. Presenter: Wen Zheng. Contents. Conclusion. Discussion . Empirical . Theory . Introduction. “AGENTIC STATE”. Milgram. based the theory of Obedience (i.e. Agency theory) on the results of his many obedience experiments. Agency theory suggests. That when participants . are . giving shocks . Michael C. Jensen and William H. Meckling. Journal of Financial Economics . 3 (1976) 305-360. Presented by Julie Ao, Fall 2016. U. pdate by Weiliang Zhang, . et. Al. Modified Summer 2020. Background. First. The Theory. Getting on the same page. The . theory and language . of policy. The Policy . Process. Putting theory into practice. Closing the Gap. Improving the Training. Improving the Process. Or at least Keynes reinvented and brought up to date . in the 21. st. Century. Lecture in memory of the late Sir Donald MacDougall. Third Gresham Lecture. Douglas McWilliams. Mercers School Memorial Professor of Commerce at Gresham College.