Jonathan Cutrell

Asymmetric information occurs when one agent in a transaction has more information than another.

Generally, information can create advantageous positions for the person with the additional information.

However, there are some rare instances where less information may be better, for different reasons. For example, dealing with the overwhelm of having too much information could create a “beginner’s luck” situation.


Jonathan Cutrell

Written by Jonathan Cutrell, engineer at Clearbit and podcast host at Developer Tea. You can follow him on Twitter at @jcutrell.