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Related blogs on information failure
31st May 2009
Information failure occurs when people have inaccurate, incomplete, uncertain or misunderstood data and so make potentially ‘wrong’ choices. From pensions to computer games consoles, from investing in the stock market to ignorance about the consequences of borrowing and debt, all of us suffer from one or more information failures.
The issue is whether the information failure is trivial or whether it has a huge effect on individuals, their families and the community as a whole.
Click below for some examples of blog posts this year that link to the information failure issue
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.