Sentence examples for information failures from inspiring English sources
Information failures arise when firms fail to 'discover' which products they can produce at low enough cost to be profitable and competitive.
Policies should differ depending on whether the underlying problem is about uninsured shocks, liquidity constraints, information failures, or some combination of all of the above.
Economic innovation research traditionally argues for government intervention in the case of market failure, which is characterized by the imperfect allocation of resources, for example, due to imperfect competition, information failures, negative externalities, public goods, and coordination failures (Bator, 1958).
We argue that concerns over potential future natural resource scarcities do not represent a strong motive for introducing policies to foster greater material efficiency but that various environmental externalities and information failures in the relevant material markets do.
3 If anything, most health economists thought that health was characterised by uncertainties, information failures and externalities that did not necessarily sit well with the market model and often had to be corrected through government action (Colvin, 1985, chapter 6).
Internet simultaneous services of large-scale users will lead to server overload and information failure.
In the case of obesity, there is evidence of information failure, particularly under-provision of information or lack of knowledge.
Information failure is defined as the failure of firms to 'discover' which products they can produce at low enough cost to be profitable and competitive.
We find that future orientation does not significantly impact program completion, but both information failure and financial hardship increase the hazard of early account closure.
Although the pool of participants who did not receive the match was small, both information failure and financial hardship had large impacts on the risk of withdrawing the account before receiving a match.
The second class involves variables related to profit appropriation represented by government properties including corruption, taxes, crime, judicial system, political stability, uncertain economic policies, regulations, and market properties such as information failure and coordination failure.1 The third class of variables covers variables such as those related to access to external finance.
