Professional buyers of antiques often have more information about the value of antique objects than do the sellers. This illustrates

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The situation described in the statement is an example of asymmetric information, where one party (the professional buyers) has more information about the value of the antique objects than the other party (the sellers). Asymmetric information can create challenges in transactions and negotiations between parties, as one party may have an advantage over the other due to their superior information.

Professional Buyers of Antiques Often Have More Information About the Value