Capital Corp Merchant Banking - Gilles Herard Jr

Gilles Herard Jr, Gilles Herard, Herard Gilles Jr
Natural monopoly, or the imbrication concepts of "practical" and "technical" monopoly, involves a bankruptcy of challenger as a restraint on producers. The problem is discovered as one where the more of a product is made, the greater the returns are. This means it only makes economic sense to have one producer.

Information asymmetries arise where one-sided has more or better information than the other. The existence of information imbalance gives rise to problems such as moral pretend, and adverse selection, analysed in contract theory.

The economics of info has relevance in many fields, including finance, insurance, contract law, and decision-making under risk and uncertainty.