[Imperfect information is ubiquitous.] People with more [or better] information can take advantage of people with less information, so exploitation b… - John Komlos
" "[Imperfect information is ubiquitous.] People with more [or better] information can take advantage of people with less information, so exploitation becomes a real possibility.
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About John Komlos
(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.
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