Identify of Information Asymmetry Practices in Bulgarian Goods Market

Identify of Information Asymmetry Practices in Bulgarian Goods Market

Contents

Title

Identify of Information Asymmetry Practices in Bulgarian Goods Market

Author

Manuela Ivanova,

Classification JEL

M31

Abstract

In the contemporary conditions of the high technological business environment, information is a valuable factor for development and success of companies and markets. Many scientists regarded information as an incoming factor, but exist inconsistency between incoming and outgoing company information. This inconsistency results in information asymmetry in the business relationship on goods market. The existence of information asymmetry in the sellers-buyers relationship is a precondition to multitude financial and moral risks about all parties involved in the market transactions. The purpose of this paper is to identify different practices of information asymmetry on Bulgarian goods market and present advantages of improving B2C relationships via reducing of information asymmetry.

Keywords

Information asymmetry, goods market, B2C relationship, information asymmetry practices.

Full Text: download pdf

Cite: download citation (for EndNote, Reference Manager, ProCite)