Information Asymmetry in Agricultural Markets Leads to Increased Risk for Farmers
The article discusses how incomplete and unequal information in the market can lead to risks for farmers selling their products. By using the theory of information economics, the authors show how this information gap can cause problems like making the wrong choices and taking on unnecessary risks. They suggest that by improving government actions, agricultural organizations, and information services, we can reduce the risks faced by farmers due to information imbalances in the market.
