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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 

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    Smart Health Symposium: The Innovatve and Digital Healthcare Leap

    Prof.Kevyn Yong, Dean of ESSEC Asia-Pacific would be moderating this event.

    07:45 | Singapore Sign up
  • Apr 26
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    Victoria Bethlehem, Head of Human Resources - Asia Pacific with The Adecco Group, will share insights into how they recruit and retain their millennials through global initiatives such ...

    19:00 | ESSEC Business School, Asia-Pacific, 5 Nepal Park, Singapore 139408 Sign up
  • May 02
    Access MBA Chat Session for candidates from Asia and Middle East

    Ask your questions at the chat session.

    10:30 | Virtual session Sign up
  • May 05
    French Science Journey - Singapore

    Meet with our ESSEC representatives Julie Hsu, Sonya Lau and Lincoln Wang.

    10:00 | ESSEC Business School, Asia-Pacific, 5 Nepal Park, Singapore 139408 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)

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