
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
النسخة 13الرقم المعياري الدولي: 9780132992695
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
النسخة 13الرقم المعياري الدولي: 9780132992695 تمرين 19
A man approaches you in a busy airport terminal, shows you a handsome wristwatch, which he says is worth $135, and offers to let you have it for $25. Would you buy it? Would you be more willing to buy it if you had better information? What do you "know" when you buy a watch from an established local jeweller that you do not know in this situation?
التوضيح
Asymmetry information is a market theory...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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