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:
“Ever since I was a kid my folks fed me bigotry for breakfast and ignorance for supper. Never, not once did they ever make me feel proud of where I was born. That’s it. That was a cancer they put in me. No knowledge of my country. No pride. Just a hymn of hate.”
—Samuel Fuller (b. 1911)