Mastodawn

The Korea Fair Trade Commission (KFTC) will revise the Franchise Business Act's enforcement decree and notification, overhauling franchise disclosure documents to address information asymmetry and improve transparency for franchisees.
#YonhapInfomax #KFTC #FranchiseBusinessAct #DisclosureDocuments #FranchiseeRights #InformationAsymmetry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102375

'Key Franchise Information at a Glance' – KFTC Revises Enforcement Decree and Notification of Franchise Business Act

Yonhap Infomax

N-gated Hacker News Oct 29

Oh, bravo! 🎉 A revolutionary headline promising the dawn of consumer empowerment, only to swiftly deliver a tech support tutorial on enabling #JavaScript. 🙄 Clearly, the real information asymmetry is between the headline and the actual content. 😏
https://www.economist.com/finance-and-economics/2025/10/27/the-end-of-the-rip-off-economy #consumerempowerment #techsupport #headlines #informationasymmetry #sarcasm #HackerNews #ngated

The end of the rip-off economy

From finance and medicine to used cars, artificial intelligence is radically improving market efficiency

The Economist

Hacker News Oct 29

The end of the rip-off economy: consumers use LLMs against information asymmetry

https://www.economist.com/finance-and-economics/2025/10/27/the-end-of-the-rip-off-economy

#HackerNews #endofripoffeconomy #consumers #LLMs #informationasymmetry #finance #innovation

The end of the rip-off economy

From finance and medicine to used cars, artificial intelligence is radically improving market efficiency

The Economist

Yonhap Infomax News May 16, 2025

Experts call for introduction of discovery system in South Korea to address information asymmetry in lawsuits, while cautioning against potential side effects such as increased costs and trade secret leaks.
#YonhapInfomax #DiscoverySystem #InformationAsymmetry #LegalReform #CorporateGovernance #LitigationCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63538

Discovery System Needed to Address Information Asymmetry, Side Effects Must Be Addressed

Yonhap Infomax

Cindy Aug 1, 2023

Corporate ExxonMobil ad shows scientists in a high-tech lab working to develop “low-carbon technologies" {cue: orchestral violins 🎻}

#InformationAsymmetry used. The #greenwashing ad "had disturbingly persistent 🫥 effects":

Actual investments in renewable energy ≠ claims in ads. But actual data comparisons "did not fully reverse or correct greenwashing ads' initial impact".

Big polluters increasingly present themselves as green 🏡 to avoid accountability.

https://www.desmog.com/2023/07/27/why-greenwashing-works-how-to-fight-it-gaslit/

Why Polluters’ Greenwashing Works and How to Fight It

A young man goes up a mountain to study the terrain and collect data on his laptop, while epic, orchestral violins play in the background. He’s an ExxonMobil scientist in a company ad that also shows other scientists in a high-tech lab working to develop “low-carbon technologies.” The tagline reads “Advancing Climate Solutions.” The ad […]

DeSmog

Lorraine Lee May 9, 2023

The gas stove analogy, re. #privacy and #InformationAsymmetry

http://wearcam.org/gas_stove_analogy.htm

The gas-stove analogy

Pam Mar 29, 2023

Asha Rangappa MSNBC Opinion: "As someone who studies and teaches about information warfare, I have analyzed the many ways Trump exploits journalistic and institutional norms to shape narratives in his favor. Trump is a master of exploiting what I refer to as information asymmetry — the space in which events are anticipated but can’t yet be officially confirmed, such as what we’re experiencing in the current moment."

#Politics #USPolitics #InformationAsymmetry

https://www.msnbc.com/opinion/msnbc-opinion/trumps-potential-indictment-news-spun-liking-usual-rcna77101

Trump's potential indictment news is being spun to his liking per usual

Trump’s false assertion that he would be arrested last week underscores the danger of falling into Trump's media narrative trap in the Manhattan DA investigation.

MSNBC

Poujol 𝖱𝗈𝗌𝗍 ✅May 11, 2022

[ 🔄 ]

@Erik 🔗 https://mastodon.utwente.nl/users/Erik/statuses/108283535801433035
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Very interesting research: https://homes.esat.kuleuven.be/~asenol/leaky-forms/

"Users' email addresses are exfiltrated to tracking, marketing and analytics domains before form submission and before giving consent"

-> yes, you read that right, before form submission.

This is an example of how the intransparency of the digital world leads to a huge #InformationAsymmetry between normal people and corporations.

Source: NOS
https://nos.nl/artikel/2428358-adverteerders-kijken-mee-als-je-online-je-e-mailadres-invult

https://mstdn.jp/media/d4NbQDCrLrz1M3LY6_c

Erik Kemp 🇪🇺 (@[email protected])

Very interesting research: https://homes.esat.kuleuven.be/~asenol/leaky-forms/ "Users' email addresses are exfiltrated to tracking, marketing and analytics domains before form submission and before giving consent" -> yes, you read that right, before form submission. This is an example of how the intransparency of the digital world leads to a huge #InformationAsymmetry between normal people and corporations. Source: NOS https://nos.nl/artikel/2428358-adverteerders-kijken-mee-als-je-online-je-e-mailadres-invult

Mastodon U. Twente

Erik Kemp 🇪🇺May 11, 2022

Very interesting research: https://homes.esat.kuleuven.be/~asenol/leaky-forms/

"Users' email addresses are exfiltrated to tracking, marketing and analytics domains before form submission and before giving consent"

-> yes, you read that right, before form submission.

This is an example of how the intransparency of the digital world leads to a huge #InformationAsymmetry between normal people and corporations.

Source: NOS
https://nos.nl/artikel/2428358-adverteerders-kijken-mee-als-je-online-je-e-mailadres-invult

Leaky Forms: A Study of Email and Password Exfiltration Before Form Submission (USENIX Security'22)

Show thread

Doc Edward Morbius ⭕May 16, 2021

The consequence is that under a capitalist system (and, to be fair, numerous others), higher significance is given to manifest short-term outcomes (both positive and negative), and lower significance to those which are non-manifest and/or long-term.

Keep in mind that this dynamic can apply to a single technology, e.g., hydroflourocarbons, asbestos, and leaded petrol, all of which afforded clear short-term advantages, but whose long-term severely deleterious effects were far harder to assess.

This is a fundamental failure of all market systems.

Information goods are inherently complex, non-manifest, and frequently have long- rather than short-term outcomes. So, yeah, VC-funded infotech startups tend to utterly fuck up this market, extract like hell on existing infrastructure, and massively underinvest in long-term goods.

(Which is to say, I've just restated your essay's conclusion, by a circuitous and different walk.)

(Oh, and that risk discussion I've sidelined is sort of encapsulated in the above, though of course it could be spelled out more clearly and concretely.)

@baldur #InformationFriction #InformationAsymmetry #capitalism #manifestation #technology