6-7 Why Information is Incomplete Figure 6.2 Uncertainty Ambiguous risk Information Incomplete Information Time constraints information costs " win/MeGraw-HHill CThe McGraw-Hill Companies, Inc, 2000Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000 6-7 Why Information is Incomplete Uncertainty & risk Ambiguous Information Time constraints & information costs Incomplete Information Figure 6.2