Does the Internet Help Reduce the Asymmetric Information Pro

Does the Internet Help Reduce the Asymmetric Information Pro.
Does the Internet Help Reduce the Asymmetric Information Problem? Thanks to the Internet and all kinds of online resources, consumers can now use asymmetric information for their advantage. For instance, buyers can research insurance rates, car prices, and restaurants and hotels online and learn a lot about what other consumers say about these businesses. In the past, these buyers had much less information to use when judging the qualities of goods, services, or companies.At the same time, however, this advantage is a double-edged sword, because companies profit from the Internet too, as they use online resources to develop informational advantages over consumers. For instance, companies can now use online research tools such as cookies to determine the viewing behavior and the clicking habits of consumers, and thus develop marketing campaigns to take advantage of carefully sourced consumer habits. Discuss.Assignment Requirement:Minimum 1 Page Double Space, APAFormat, 2-3 Credible Sources for ReferencesReading Required:Economics Online. (n.d.). Information Failure [Video file]. Retrieved from Lillo,F. (2013, July 10.) Tutorial An introduction to asymmetric information [Video file]. Retrieved from P. (2013, Aug. 3). Econ in HD: Moral Hazard and Adverse Selection [Video file]. Retrieved from M. (2013. Explainer: What is moral hazard [Video file]? Retrieved from S. (n.d.). Understanding Asymmetric Information as an Economic Problem. Retrieved from (n.d.).Assymetric Information. Retrieved from S. (n.d.). Understanding Moral Hazards in Markets. Retrieved from Moral Hazard. Retrieved from (n.d.). Asymmetric Information Problem. Retrieved from
Does the Internet Help Reduce the Asymmetric Information Pro

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