I don't think anyone that has dealt with housing contractors thinks it is an ideal free market. The "uncertainty" concepts that Arrow developed in this paper ha

I don't think anyone that has dealt with housing contractors thinks it is an ideal free market. The "uncertainty" concepts that Arrow developed in this paper have been used in studying all kinds of other markets from health insurance to used cars. In fact, this paper has been used to argue that health markets are not that special from other markets because there is always some uncertainty.