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:

    What is called an acute knowledge of human nature is mostly nothing but the observer’s own weaknesses reflected back from others.
    —G.C. (Georg Christoph)