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Symmetrical Ignorance

The Cost of Anonymous Lemons - for Nonacademics

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Symmetrical Ignorance

By: Amar Bhide
Narrated by: Deaver Brown
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About this listen

Rules that restrict information required in negotiating private transactions have spurred a vast increase in the type of anonymous financial markets, particularly in the United States. The subtle costs of the information restricting rules raise questions about the social value of competing anonymous markets that would not naturally survive and did not historically exist.

Public Domain (P)2021 Deaver Brown
Money & Finance
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