Faster access than browser!Similarities between Information asymmetry and Information good
Information asymmetry and Information good have 7 things in common (in Unionpedia): Artificial scarcity, Commodity, Economics, Information, Market failure, Perfect information, The Market for Lemons.
Artificial scarcity
Artificial scarcity describes the scarcity of items even though either the technology and production, or sharing capacity exists to create a theoretically limitless abundance, as well as the use of laws to create scarcity where otherwise there wouldn't be.
Artificial scarcity and Information asymmetry · Artificial scarcity and Information good ·
Commodity
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Commodity and Information asymmetry · Commodity and Information good ·
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Economics and Information asymmetry · Economics and Information good ·
Information
Information is any entity or form that provides the answer to a question of some kind or resolves uncertainty.
Information and Information asymmetry · Information and Information good ·
Market failure
In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Information asymmetry and Market failure · Information good and Market failure ·
Perfect information
In economics, perfect information is a feature of perfect competition.
Information asymmetry and Perfect information · Information good and Perfect information ·
The Market for Lemons
"The Market for Lemons: Quality Uncertainty and the Market Mechanism" is a well-known 1970 paper by economist George Akerlof which examines how the quality of goods traded in a market can degrade in the presence of information asymmetry between buyers and sellers, leaving only "lemons" behind.
Information asymmetry and The Market for Lemons · Information good and The Market for Lemons ·
The list above answers the following questions
- What Information asymmetry and Information good have in common
- What are the similarities between Information asymmetry and Information good
Information asymmetry and Information good Comparison
Information asymmetry has 54 relations, while Information good has 21. As they have in common 7, the Jaccard index is 9.33% = 7 / (54 + 21).
References
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