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:

    I have all my life been on my guard against the information conveyed by the sense of hearing—it being one of my earliest observations, the universal inclination of humankind is to be led by the ears, and I am sometimes apt to imagine that they are given to men as they are to pitchers, purposely that they may be carried about by them.
    Mary Wortley, Lady Montagu (1689–1762)

    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.