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:
“Studio executives are intelligent, brutally overworked men and women who share one thing in common with baseball managers: they wake up every morning of the world with the knowledge that sooner or later they’re going to get fired.”
—William Goldman (b. 1931)