The 1970s was the decade of developments in the new area of...

The 1970s was the decade of developments in the new area of information economics. Search theory, which emphasized the need to gather information, was joined by models that featured asymmetric information, the case in which information differed across individual agents.

Dale T. Mortensen Quote About Across, Area, Case, Emphasized, Featured: The 1970s Was The Decade...

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