Dispersed Knowledge

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:

    Minerva House ... was “a finishing establishment for young ladies,” where some twenty girls of the ages from thirteen to nineteen inclusive, acquired a smattering of everything and a knowledge of nothing.
    Charles Dickens (1812–1870)