APPLICATION OF ASYMMETRICAL INFORMATION THEORY TO CREDIT GOODS IN IRAN

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

KHALILI ARAGHI S.M.; ABDOLI GH.

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2005 | Volume:5 | Issue:3 Page(s): 111-131

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

888

Download:

Cites:

Information Journal Paper

Title

APPLICATION OF ASYMMETRICAL INFORMATION THEORY TO CREDIT GOODS IN IRAN

Author(s)

KHALILI ARAGHI S.M. | ABDOLI GH. | Issue Writer Certificate

Keywords

BAYESIAN NASH EQ. FRAUDQ4

CHEATINGQ3

SKILLED MANQ4

PROBABILITYQ4

CREDIT GOODSQ4

RELIGIOUS TEACHINGSQ4

Abstract

There are some goods and services in the economy for which it is the supplier who determines the amount of demand. Those who provide specialized services to the customers are among such categories of suppliers since due to their skill and specialty they have more information than their customers. Physicians, lawyers, seller of complex and specialized commodities and repairmen are among such groups. In some cases the action of the skilled workers is observable to the client, and due to the asymmetry of information, it is possible that the SKILLED MAN conducts extra (unnecessary) work and demands money for it (for some medical services, for example). And in some other cases, the action of SKILLED MAN is not observable and hence it is possible for the service provider to charge money for something he has not done. In this article a distinction is made between “skilled” and “frauds” and the equilibrium under which the latter can cheat has been derived. It also has been shown that RELIGIOUS TEACHINGS in which dishonesty and fraud are strongly condemned can reduce the extra negative effects of asymmetry of information at no extra cost.

Cites

MECHANISM DESIGN THEORY AND ITS ROLE IN CREDENCE GOODS MARKET, EMPHASIZING ON AN ISLAMIC PERSPECTIVE

References

No record.

Cite

APA: Copy

KHALILI ARAGHI, S.M., & ABDOLI, GH.. (2005). APPLICATION OF ASYMMETRICAL INFORMATION THEORY TO CREDIT GOODS IN IRAN. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 5(3), 111-131. SID. https://sid.ir/paper/86577/en

Vancouver: Copy

KHALILI ARAGHI S.M., ABDOLI GH.. APPLICATION OF ASYMMETRICAL INFORMATION THEORY TO CREDIT GOODS IN IRAN. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2005;5(3):111-131. Available from: https://sid.ir/paper/86577/en

IEEE: Copy

S.M. KHALILI ARAGHI, and GH. ABDOLI, “APPLICATION OF ASYMMETRICAL INFORMATION THEORY TO CREDIT GOODS IN IRAN,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 5, no. 3, pp. 111–131, 2005, [Online]. Available: https://sid.ir/paper/86577/en

Related Journal Papers