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Information Asymmetry and the Rise of Expat-Focused Real Estate Brokerages

Expat brokerages thrive by reducing information asymmetry, guiding foreign buyers to secure good properties abroad....
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Market failure
Definitions

Market failure

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Market failure – definition

A market failure is a situation where free markets fail to allocate scarce resources efficiently. These can be complete or partial.

  • Markets work well when certain conditions are met.

  • Read more on market failures.

 

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