Information Economics - More Information

More Information

In 2001, the Nobel prize in economics was awarded to George Akerlof, Michael Spence, and Joseph E. Stiglitz "for their analyses of markets with asymmetric information."

Read more about this topic:  Information Economics

Famous quotes containing the word information:

    “When action grows unprofitable, gather information; when information grows unprofitable, sleep.”
    —Ursula K. Le Guin (b. 1929)

    “On the breasts of a barmaid in Sale
    Were tattooed the prices of ale;
    And on her behind
    For the sake of the blind
    Was the same information in Braille.”
    —Anonymous.