asymmetric-info

The phrase "asymmetric information" is something of an overloaded statement in that the concept has many dimensions & applications, each of which stretch the definition to mean something appreciably different. However, the simplest & most contemporary definition for the concept might be simply "information inequality."

If we think of credible information as the basic resource from which wealth & all manner of positive externalities originate, then we can see that credible information is essential to individual & general prosperity within any group. It follows then that gaining greater access to credible information is paramount.

"Greater access" to credible information can be attained in two discrete ways, A) by reducing proximity to sources of credible information & B) by increasing one's ability to evaluate information attained from existing sources for credibility. Optimize for both, & information quality & in turn credibility, is enhanced.

With credible information being the raw resource from which positive externalities are drawn, if we increase the quality of our information streams, we directly increase our ability to contribute & extract value from the marketplace. In financial terms we might think of this as alpha or ROI in excess of some benchmark.

In informatical terms & in the framework espoused by ASYM, we can think of highly credible information, or information of a quality which exceeds that of some non-arbitrary benchmark, as "asymmetric information."

Asymmetric information, like any highly valued resource attains immediate objective value from its value additive properties, which derive largely from it's veracity; apply truth & right-thinking to any relevant domain & yield will be increased.

However, returning back to our earlier discussion of distribution, asymmetric information's value additive properties are compounded when that increase in yield not only exceeds some non-arbitrary benchmark, but also exceeds that of competitors.

Succinctly then, asymmetric information has two properties:
1) It is true information
2) It is information that is not well distributed

In the first property, the concept of objective value is addressed, in the second, the concept of scarcity--which enhances value even further.

The objective of ASYM is to provide readers with a reliable stream of utile asymmetric information which they can leverage to enhance their decision making & strategic positioning capabilities in both industry & in their personal/professional development.

In the opinionated contemporary discourse, inequality is thought of as a function of distribution, & thus it is an appropriate descriptor here, because in the context technological trends & market events, credible information is not evenly distributed & individuals encounter tremendous disparity in their access to it.