Living Economics Table of Contents Opus1 Flash Econ Ulogistics
Sample TOC
1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

Open Menu
13. Information
13.1
The Market Role of Information
Information or the lack of it may make or break a market.
13.2
Choice Paralysis
Too many choices might lead to decision paralysis due to information overload.
13.3
Crystal Ball
Better information on risky events may lead to market failure due to adverse selection.
13.4
Lemon Laundering
Poorly informed consumers usually end up getting stuck with lemon products which are passed around to avoid capital loss.
13.5
May the Best Brand Win!
Because well-known brands can signal quality and integrity amid consumer ignorance, brands could stabilize market share and enhance brand-owners' ability to charge premium prices.
13.6
Yes, Boss.
The prevalence of yes persons is due to the difficulty of objectively assessing the contribution of white-collar work and the bosses’ human desire to hear confirming information.