TLDR
Information Asymmetry is a fancy word of saying “I know something that you don’t” You can use that when you negotiate for a job, with customers, with sales people and you girlfriend/wife when it is time to do the dishes. The way we used information asymmetry was by not revealing all the information we had in one go but in a dripping style. You need to gather as much information as you can before going for an interview before knowing the average salary for that position in that company.via the TL;DR App
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Written by jonromero | My money is managed by a Machine and I spend most of my time looking how to help Entrepreneurs
