(108.) See Critchfield et al., supra note 88, at 4 (explaining that the strength of community banks stems from their ability to successfully lend to "informationally
opaque" borrowers that have trouble obtaining credit from large banks because they do not have "long credit histories suitable for credit-scoring or other model-based lending practiced by large banks....").
On the impossibility of informationally
As a result, informationally
transparent firms require less bank monitoring than do informationally
Intentionally or not and however subject to contingencies, urban space is also structured (physically and informationally
), which allows possibilities of action to be more easily known, selected and viable.
Thus, it indicates that the present market prices do not reflect the outcome of all the past information and markets are informationally
inefficient to reflect any given change in the information.
(2012) suggest that futures prices may react quicker to the arrival of information, since informationally
efficient speculators are only active in this market.
Markets are informationally
efficient if only a critical mass of participants factored the relevant information into prices previously.
To the extent that money market investors may be informationally
insensitive during most parts of the economic cycle, they should not be expected to provide effective and consistent market discipline.
Furthermore, sophisticated individual investors, and in particular institutional investors, have the resources and expertise to screen the quality of private entrepreneurial firms, and so it is generally the least SI, who are more informationally
disadvantaged with respect to issuers, that tend to participate less in the private marketplace.
PREMISE 1: PEOPLE ARE INFORMATIONALLY
Clients can find more information from a search engine than they can take in, and they do not see their library as a place to get more informationally
Also, it is here that Kelly emphasizes his Access and Affect Model of Intimacy, where he stresses that "at the most elemental level, intimacy involves giving access to one's self informationally
, socially, physically, and psychologically" (p.