Steve Randy Waldmann: The Asymmetric Informtion Industries: “Government, health care, education, and finance…. Information asymmetries are unusually difficult to resolve in these industries. A substantial fraction of people who buy a low quality house, car, or stereo eventually come to notice that. This makes it possible for new purchasers of these goods to manage their … Continue reading Afternoon Must-Read: Steve Randy Waldmann: The Information Asymmetry Industry