Menu
Top

News

Global BBA Masterclass - When Markets Fail Due to Knowledge Discrepancies

05-07-2017
Global BBA Masterclass - When Markets Fail Due to Knowledge Discrepancies

We are pleased to invite you to a Masterclass - When Markets Fail Due to Knowledge Discrepancies which will take place at ESSEC Business School, Asia-Pacific in Singapore on Tuesday, August 1st, 2017.

Experience a class at ESSEC with Prof. Nona Pepito and discover how you can benefit from ESSEC’s innovative learning-by-doing pedagogical approach.

To register please contact us at essecasia@essec.edu


Abstract
Free markets, which operate based on the price system and profit maximization motive, successfully allocate many goods and services. However, there are instances and circumstances where markets are not able to allocate resources as optimally as we might hope. 

​For instance, what happens in the case of asymmetric information, when one party involved in the transaction, either the buyer or seller, knows more about the market transaction than the other party? We see the implications of this in situations where product prices might not actually reflect their true quality, given that the seller might be withholding information or presenting false information to the buyer, commonly known as the "Lemons Problem" in Economics.

Find out more about the correlation between asymmetric information and market failure in our Global Bachelor in Business Administration (Global BBA) Masterclass delivered by Professor Nona Pepito. 

About ESSEC's Global BBA Program
Ranked as the #1 business school in France for its Bachelor degree, ESSEC Business School gives students a unique business education, providing a dual gateway to Asia and Europe. This prestigious multi-campus program is accredited by the Ministry of Education in France. 

Date: Tuesday, August 1st, 2017

Time: 5:30 PM - 7:00 PM

Location:  ESSEC Business School, Asia-Pacific, 5 Nepal Park, Singapore 139408 

Lately on ESSEC Knowledge

A Stratospheric “Salvatore Mundi”

Professor Stoyan Sgourev presents his analysis of the ...

A Stratospheric “Salvatore Mundi”
The other side of the global environmental ...

Professor Hamid Bouchikhi spoke with ESSEC Knowledge LIVE ...

The other side of the global environmental conversation
Crowdfunding as reciprocal giving

New research by ESSEC Business School’s Kevin André ...

Crowdfunding as reciprocal giving

Upcoming events

  • Nov 19
    QS World MBA Tour - Jakarta

    Meet with ESSEC representatives at the QS World MBA Tour in Indonesia.

    13:00 | Intercontinental Jakarta MidPlaza, J1 Jend Sudirman Kav. 10-11, 10220 Jakarta Indonesia Sign up
ESSEC | CPE Registration number 200511927D | Period of registration: 30 June 2017 - 29 June 2023
The Committee for Private Education (CPE) is part of SkillsFuture Singapore (SSG)

This website uses cookies. By continuing to browse this site, we will assume that you consent to the use of cookies. Find out more about cookies.

x
Help Me Choose a program