4 ms·
My comment about mechanics was specifically with regards to information asymmetry. That is, 99% of people do not know enough about cars to determine if they ar
by zzalpha 10y ago
My comment about mechanics was specifically with regards to information asymmetry.
That is, 99% of people do not know enough about cars to determine if they are being fleeced.
Now imagine dealing with the human body.
Information symmetry leads to market failures:
https://en.m.wikipedia.org/wiki/Information_asymmetry https://en.m.wikipedia.org/wiki/Information_asymmetry
- deleted 10y ago[deleted]