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:
“Yet to speak of the whole world as metaphor
Is still to stick to the contents of the mind
And the desire to believe in a metaphor.
It is to stick to the nicer knowledge of
Belief, that what it believes in is not true.”
—Wallace Stevens (1879–1955)