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Showing posts with label commerce-economics-moral.hazard. Show all posts
Showing posts with label commerce-economics-moral.hazard. Show all posts

09 September 2009

Dilemmas in Guild Matchmaking and Promotion

In the ideal world, prospective guild members would quickly find the guild of their dreams, and the guild would swiftly recruit them. However, in reality, asymmetric information exists, and this hampers the guild matchmaking process.

Asymmetric information occurs when one party (in this case, the person or guild) knows something that the other does not, and such knowledge cannot easily transfer from one to the other. This may be because of significant distance between the two, or one does not quite believe what the other claims.