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:

    Pity in a man of knowledge seems almost laughable, like sensitive hands on a cyclops.
    Friedrich Nietzsche (1844–1900)