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One Asymmetric Information Problem That the Internet Will Not Solve

A young woman in England wants to sell something unusual to fund her college education.

We wrote in Freakonomics about how the increased access to information provided by the Internet has helped consumers overcome the historical information advantage that real estate agents and life insurance salespeople have had.

This is one case, however, in which information asymmetry is alive and well. (Dubner blogged on a related subject a while back.)

(Hat tip: Alon Nir.)


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