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A Rude Young Man Pure ImageRealistic Fiction614 Wordscompleted Information asymmetry is the core concept of information economics and an important basis for the design of incentive mechanisms. The so-called information asymmetry means that the two parties to a transaction have different understandings of the knowledge, information, or probability or probability distribution of an event. This may include the following situations: one party knows but the other party does not know, or one party knows more and the other party knows very little, or there is hidd 0Votes1Recs0Fans