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Economics & Markets

Information Asymmetry

Economics & Markets · George Akerlof

1 min read

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Overview

When one party in a transaction possesses materially more relevant information than the other, creating adverse selection and moral hazard.

How to cite

Faster Than Normal. “Information Asymmetry Mental Model.” fasterthannormal.co/mental-models/information-asymmetry. Accessed 2026.

On this page

  • Overview