Do you wonder if technology has given us more information than needed? Perhaps, but sometimes it is very helpful, if not invaluable. There is so much good, solid data on the Internet that researchers ...

Consumer-centric healthcare has been extolled as the centerpiece of a new model for managing both quality and price. However, information asymmetry in consumer-directed health plans (CDHPs) is a ...

In fast-paced environments with high stakes, emergency physicians have to quickly make the best decisions possible with imperfect or incomplete information. Under the circumstances, this information ...

Information asymmetry is a term that gets used a lot in economics. It means that one party in a transaction has more information or better information than the other party—a common occurrence. The ...

This week “The Economist explains” blog is given over to economics. For six days until Saturday this blog will publish a short explainer on one seminal economics idea. MARKETS frequently present ...

Adverse selection, a concept economists devised to explain insurance market failures, might seem far removed from the grand chessboard of geopolitics. Yet at its core lies a simple and unsettling ...