Exploring the Effect of the Government Interventions on the Information Asymmetry in the Post-Pandemic
DOI:
https://doi.org/10.33423/jabe.v26i6.7384Keywords:
business, economics, government intervention, information asymmetry, post-pandemic, adverse selection, moral hazardAbstract
The article aimed to explore the effect of the government intervention on the information asymmetry in Taiwan’s credit card market during the post-pandemic. To achieve the goal, the article constructed the information asymmetry model which was combined with the government interventions, adverse selections and moral hazards and designed the hypotheses. It was concluded that the government interventions involved with the fiscal and monetary policies failed to improve the market failure and even caused the government failure. The conclusions revealed a significant implication for the policymakers to make the proper policies when facing the challenges in the future.
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