In economics, dispersed knowledge, also known as partial knowledge, is information that is dispersed throughout the marketplace, and is not in the hands of any single agent.
Read more about Dispersed Knowledge: Overview, Economists, Example
Famous quotes containing the word knowledge:
“The satirist is prevented by repulsion from gaining a better knowledge of the world he is attracted to, yet he is forced by attraction to concern himself with the world that repels him.”
—Italo Calvino (1923–1985)