▁invest ors , ▁anal yst s , ▁journal ists , ▁and ▁academ ics , ▁as ▁financial ▁blog s ▁help ▁prevent ▁people ▁in ▁charge ▁from ▁with hold ing ▁financial ▁information ▁from ▁their ▁company ▁and ▁the ▁general ▁public . ▁Comp ared ▁to ▁traditional ▁forms ▁of ▁media ▁such ▁as ▁newsp apers ▁and ▁mag az ines , ▁blog ging ▁provides ▁an ▁easy - to - access ▁ven ue ▁for ▁information . ▁A ▁ 2 0 1 3 ▁study ▁by ▁Sa xt on ▁and ▁An ker ▁concluded ▁that ▁more ▁participation ▁on ▁blog ging ▁sites ▁from ▁cred ible ▁individuals ▁reduces ▁information ▁asym met ry ▁between ▁corpor ate ▁ins iders , ▁addition ally ▁reducing ▁the ▁risk ▁of ▁ins ider ▁trad ing . ▁ ▁Game ▁Theory ▁ ▁A ▁large ▁amount ▁of ▁the ▁found ational ▁ideas ▁in ▁game ▁theory ▁builds ▁on ▁the ▁framework ▁of ▁information ▁asym met ry . ▁In ▁simultane ous ▁games , ▁each ▁player ▁has ▁no ▁prior ▁knowledge ▁of ▁an ▁oppon ent ' s ▁move ▁and ▁with ▁sequ ential ▁games , ▁players ▁have ▁little ▁prior ▁knowledge ▁of ▁the ▁oppon ent ' s ▁move ▁but ▁often ▁don ' t ▁have ▁perfect ▁information . ▁Therefore , ▁the ▁existence ▁and ▁level ▁of ▁information ▁asym met ry ▁in ▁a ▁game ▁determ ines ▁the ▁dynamics ▁of ▁the ▁game . ▁James ▁F ear on ▁in ▁his ▁study ▁of ▁the ▁explan ations ▁for ▁war ▁in ▁a ▁game ▁the or etic ▁context ▁not ices ▁that ▁war ▁could ▁be ▁a ▁consequence ▁of ▁information ▁asym met ry ▁- ▁two ▁countries ▁will ▁not ▁reach ▁a ▁non - vi ol ent ▁settlement