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I don't believe it is acceptable for there to be information asymmetry in the first place. Arguing about what to do when it's there is about as fruitful as argu
by LLWM 11y ago
I don't believe it is acceptable for there to be information asymmetry in the first place. Arguing about what to do when it's there is about as fruitful as arguing about how hard you should be allowed to beat your slaves.
- Lawtonfogle 11y agoI don't see how one could prevent information asymmetry. With current technology, there is no way for a 10 year old to know all that a 30 year old knows. To me it is like asking should we allow animals to kill each other. Not only can we not really stop it, even if we could it would kill any carnivores.
- LLWM 11y agoThat's why 10 year olds are not allowed to enter into contracts with 30 year olds.