Tag Archives: Economics

Have I been pursuing a dead end, part 2

We cannot escape information asymmetries. They are everywhere. They are environmental factors to be noted and, if necessary, mitigated. The same cannot be said of adverse selection. Adverse selection is built upon information asymmetry. Though adverse selection does not exists wherever there is information asymmetry. This has puzzled me for a while. How does this […]

Information Asymmetry and the Digital Guerrilla

When an individual clicks a checkbox to acknowledge reading a 120 page user agreement that was never even looked at just so they can download an app, they put themselves at a disadvantage. Or whenever a salesperson rushes you through the signing of dozens of documents without allowing you time to read then. In each […]