Syndicate content

Add new comment

Submitted by Govind Hariharan on

I hadn't thought of the knowledge diffusion problem this way and hence was quite illuminating. Two issues I would like to bring up in this context: 1) the huge role played by divergent claims for example inthe safety of vaccines even in the scientific community. One wayto characterize this is in incorporating uncertainty. The FDA for instance did some studies on uncertainty in policy context that I thought can really help address this. With economic development problems, this issue of uncertainty may be even more prevalent and hence relevant. The lemons problem needs to be expanded upon with uncertainty and not just known probabilities. Lower uncertainty in quality and you increase trust. Glad to provide references if interested, 2) maybe warranties