Research On The Development Of Asymmetirc Information Economic Theory

Information age set up to a new stage of rapid rate of knowledge emergence, with thebrand of the third revolution of science and technology as the engine. Science andtechnology make change and uncertainty become norm in this society. Informationtechnology make the world closer together, presents a networked enterprise has becomeincreasingly blurred border, countries also show the fate community. Economic and socialchange and uncertainty become normal, the advent of the era of information put forward aseries of new problems to the development of economics. Asymmetric informationproblems as the focus of information economics study to be concern. Adverse selectiontheory, signaling theory, information screening theory and the theory of moral hazard iswidely used in modern economic research. Economic theories of asymmetric information,on the one hand, showing a strong independence, on the other hand, show the commonfeatures of based on asymmetric information. These theories and their derivedprincipal-agent and mechanism design theory of asymmetric information economy theory.Asymmetric information economic theory refers to one party use private informationseeking the biggest benefit for themself, for this kind of circumstance how to design asystem of a set of economic theory. Asymmetric information has had a profound impact onthe economic theory of modern economics, the overall characteristics of the theorydevelopment research can have a better understanding of economics and the quality of thevarious theoretical models, however, there is few research on the subject. This paper beginwith the theory of asymmetric information economy background and development course,the main viewpoints on its representative, the basis of summarizing its establish commonground and difference. On this basis, based on Marxism, seek the relationship betweenMarx economics and asymmetric information economics, it is concluded that thedevelopment of the theory of asymmetric information economy increasingly reveals Marxism. At last, analyze the advance and what to be done of this theory.The progress of the theory is put the asymmetric information into economic models,created the economic analysis method of asymmetric information and asymmetricinformation economics research subject, considering the behavior of the initiative, provingthe universality of market failure and government failure, exploring the theory ofasymmetric information economic theory and other economic integration, obtain thewidespread application. It still needs further development include: the core concept ofinspection, the dynamic model of the building, extending the macro depth fusion withother economic theory and to strengthen the inspection of our country specific economicproblems.The focus of this article is introduced the asymmetric information economic theorydevelopment and representative of the main point of view, on the basis of exploring theasymmetric information fusion of economic theory and Marxism economic theory. Furtherresearch on Marxist economic asymmetrical information theory put forward vision.