Dispersed Knowledge

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:

    I seek in books only to give myself pleasure by honest amusement; or if I study, I seek only the learning that treats of the knowledge of myself and instructs me in how to die well and live well.
    Michel de Montaigne (1533–1592)