28 Sep
2000
28 Sep
'00
5:33 a.m.
On Wed, 27 Sep 2000, Jim Choate wrote:
Remember, for a free market to work the information must be shared AND maximized. This means that even if one parent walks in and asks the games to be rate the vendors responsibility is to maximize that information. [Snip] - Complete knowledge of the relevant factors on the part of all participants in the market.
Aren't you applying this principle rather liberally? I thought it was meant to apply to factors participating directly in price formation, nothing else. Sampo Syreeni <decoy@iki.fi>, aka decoy, student/math/Helsinki university