ASSYMETRIC INFORMATION Sample Clauses

ASSYMETRIC INFORMATION. ISA is a policy that involves various stakeholders including students, employers, and institutions-both educational and financial. Hence, symmetry and uninterrupted flow of vital information are key for all stakeholders. In the real world, achieving perfect symmetry is impossible. Xx Xxxx and Xxxxxx have noted that lack of information to students on possibilities and choice of programmes, lead students to underemployment and low graduate earnings. Compared with students, private investors are noted to have better information than students about their future earning prospects and the labor market as a whole. ISA is seen as a reflection of the value a program has in the employment market. The funds available via ISA for a course will be determined by the expectations of the investor and this will help students to inspect the value the job market places on the programme. This will give direct and complete information on the institution, field, and subject of study to the students. The transparency created by XXX will lead students to the best course at the best institute. It is important for a student to know the various terms and conditions they may be subjected to in the future under ISA. Lack of awareness about these terms of ISA is seen as the prime reason for its weak acceptance among students. For example, the University of Utah in 2018 launched the “Invest in U” programme as a pilot to test the viability of ISA among the students. The university team noted that communicating ISA to the students was complicated, delicate, and required a series of dedicated counseling sessions, websites, and other communication tools. Though the programme is still running, in its second year, the students were initially hesitant to choose ISA solely due to its novelty and the number of takers for ISA was lesser than predicted. Unsurprisingly, it is often cited that lack of information on terms of repayment and its mechanism is the main cause for student debts rising by over 50% in the past 15 years in the US. It is also due to this reason that the Financial Counselling Association of America has highlighted ‘Commitment to repay, irrespective of the outcome’ as the prime responsibility of a student debtor. The aftermath of asymmetric information in the student loans segment has already been discussed, hence it is necessary to prevent such an asymmetry between providers and students in the case of ISA. Though ISA can be said as the harbinger of funds from fields generally ...
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Related to ASSYMETRIC INFORMATION

  • Basic Information The Agent will thoroughly familiarize itself with the character, location, construction, layout, plan and operation of the Project, and especially the electrical, plumbing, air-conditioning and ventilating systems, the elevators and all other mechanical equipment.

  • Non-Public Information Except with respect to the material terms and conditions of the transactions contemplated by the Transaction Documents, the Company covenants and agrees that neither it, nor any other Person acting on its behalf, will provide any Purchaser or its agents or counsel with any information that the Company believes constitutes material non-public information, unless prior thereto such Purchaser shall have entered into a written agreement with the Company regarding the confidentiality and use of such information. The Company understands and confirms that each Purchaser shall be relying on the foregoing covenant in effecting transactions in securities of the Company.

  • Public Information The State will comply with Government Code, Chapter 552, the Public Information Act, and 43 Texas Administrative Code §3.10 et seq. in the release of information produced under this contract.

  • Confidentiality and Safeguarding of University Records; Press Releases; Public Information Under this Agreement, Contractor may (1) create, (2) receive from or on behalf of University, or (3) have access to, records or record systems (collectively, University Records). Among other things, University Records may contain social security numbers, credit card numbers, or data protected or made confidential or sensitive by Applicable Laws. [Option (Include if University Records are subject to FERPA.): Additional mandatory confidentiality and security compliance requirements with respect to University Records subject to the Family Educational Rights and Privacy Act, 20 United States Code (USC) §1232g (FERPA) are addressed in Section 12.41.] [Option (Include if University is a HIPAA Covered Entity and University Records are subject to HIPAA.): Additional mandatory confidentiality and security compliance requirements with respect to University Records subject to the Health Insurance Portability and Accountability Act and 45 Code of Federal Regulations (CFR) Part 160 and subparts A and E of Part 164 (collectively, HIPAA) are addressed in Section 12.26.] Contractor represents, warrants, and agrees that it will: (1) hold University Records in strict confidence and will not use or disclose University Records except as (a) permitted or required by this Agreement, (b) required by Applicable Laws, or (c) otherwise authorized by University in writing; (2) safeguard University Records according to reasonable administrative, physical and technical standards (such as standards established by the National Institute of Standards and Technology and the Center for Internet Security [Option (Include if Section 12.39 related to Payment Card Industry Data Security Standards is not include in this Agreement.):, as well as the Payment Card Industry Data Security Standards]) that are no less rigorous than the standards by which Contractor protects its own confidential information; (3) continually monitor its operations and take any action necessary to assure that University Records are safeguarded and the confidentiality of University Records is maintained in accordance with all Applicable Laws and the terms of this Agreement; and (4) comply with University Rules regarding access to and use of University’s computer systems, including UTS165 at xxxx://xxx.xxxxxxxx.xxx/board-of-regents/policy-library/policies/uts165-information-resources-use-and-security-policy. At the request of University, Contractor agrees to provide University with a written summary of the procedures Contractor uses to safeguard and maintain the confidentiality of University Records.

  • Patient Information Each Party agrees to abide by all laws, rules, regulations, and orders of all applicable supranational, national, federal, state, provincial, and local governmental entities concerning the confidentiality or protection of patient identifiable information and/or patients’ protected health information, as defined by any other applicable legislation in the course of their performance under this Agreement.

  • Treatment of Proprietary and Confidential Information A. Both parties agree that it may be necessary to provide each other during the term of this Agreement with certain confidential information, including trade secret information, including but not limited to, technical and business plans, technical information, proposals, specifications, drawings, procedures, customer account data and like information (hereinafter collectively referred to as “Information”). Both parties agree that all Information shall either be in writing or other tangible format and clearly marked with a confidential, private or proprietary legend, or, when the Information is communicated orally, it shall also be communicated that the Information is confidential, private or proprietary. The Information will be returned to the owner within a reasonable time. Both parties agree that the Information shall not be copied or reproduced in any form. Both parties agree to receive such Information and not disclose such Information. Both parties agree to protect the Information received from distribution, disclosure or dissemination to anyone except employees of the parties with a need to know such Information and which employees agree to be bound by the terms of this Section. Both parties will use the same standard of care to protect Information received as they would use to protect their own confidential and proprietary Information.

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