New economic theory revolutionizes implementation in asymmetric information environments!
The article explores how to make things happen when people don't have all the information they need. It looks at how to solve problems in economics when players don't know everything or when they know different things. The researchers talk about ways to work together in groups to achieve goals, even when information is not shared equally. They come up with strategies to make sure everyone is motivated to do their part and to make sure everyone is honest about what they know.