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:

    Wisdom, properly so called, is nothing else but this: the perfect knowledge of the truth in all matters whatsoever.

    Thomas Hobbes (1579–1688)