4 ms·
It's a great working strategy purely due to information asymmetry, not because "markets"
by syndicatedjelly 3y ago
It's a great working strategy purely due to information asymmetry, not because "markets"
- Nevermark 3y agoI don’t share the viewpoint you are responding to, but information asymmetry is a significant factor in most transactions. Rarely is being a more informed customer not a benefit. Or being a less informed customer not associated with greater difficulty determining which supplier/service/product is the best fit.
- nextaccountic 3y agothere are billion dollar markets that operate entirely due to information asymmetry