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:
““It is only Cecilia, or Camilla, or Belinda;” or, in short, only some work in which the greatest powers of the mind are displayed, in which the most thorough knowledge of human nature, the happiest delineation of its varieties and humour are conveyed to the world in the best chosen language.”
—Jane Austen (1775–1817)