Hello everyone!
Today I would like to share with you some of our thoughts on information asymmetry in the economy.
In 2001, the Nobel Prize in Economics was awarded to three economists at the same time.
Because they find the problem of "information asymmetry" almost at the same time.
Netmap invasion and deletion
Whether it is medical treatment, loans, buying and selling second-hand goods, company management,
A large number of such problems exist in these scenarios.
To a large extent, the development of human society and institutions is to weaken the impact of "information asymmetry" on us.
Each person in a transaction has a different piece of information.
Some members have information that other members cannot have, resulting in asymmetry of information.
In market buying and selling, people's understanding of information is different.
People who have more complete and more information are often in a more advantageous position.
People who lack information are at a disadvantage.
Information asymmetry will cause imbalance in the interests of both buyers and sellers, and lose the principle of fair and just market.
In general, the seller will receive remuneration other than the value of the goods with sufficient information advantage.
Rewards that exceed the value of the goods themselves are paid by poorly informed buyers.
As the saying goes, interlacing is like a mountain, and this mountain is the asymmetry of information.
It can also be said to be an insurmountable moat.
The wider and deeper the river, your castle will be safer for the operator! (The moat of the operator is introduced in more detail in Fan Deng's book)
Follow-up content continues to be shared, don't forget to like and follow.
Great content is served at the first time.
Good book recommendation: "My Economic Thinking Lesson" - Jingdong online mall
Preferred article: Use the economic thinking of the dean of the School of Economics of Fudan University to open your own mind
Preferred article: Businesses should settle in younger cities
Preferred Article: Businessman, Quotient in Business. It's all about the appreciation of capital