Much regulation has been premised on the presence of asymmetric information. What happens when it disappears?
Tyler Cowen and Alex Tabarrok argue that the age of information asymmetry is over. But ubiquitous information has costs as well as benefits.
Technology may or may not be eliminating asymmetric information. But either way, says Joshua Gans, regulation is here to stay.
Shirley Svorny looks at the ways that patients, hospitals, and doctors are using information in new ways - and calling old regulations into question.
Jeff Ely doubts that the era of asymmetric information is over. Which is for him a very good thing.
Alex Tabarrok and Tyler Cowen reply to their critics on the decline and fall of information asymmetry.
Shirley Svorny distinguishes and makes the case for non-regulatory remedies.