Imperfect information
Imperfect information (or information failure) occurs when people have inaccurate, incomplete or unreliable information, so decision-making is not optimal.
Where this appears
The syllabus topics that use this term.
Imperfect information (or information failure) occurs when people have inaccurate, incomplete or unreliable information, so decision-making is not optimal.
The syllabus topics that use this term.