CDR: Re: Re: <nettime> Rebirth of Guilds

[Sampo A Syreeni]

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 at iki.fi>, aka decoy, student/math/Helsinki university