1 Asymmetric information(非对称信息) But frequently,a seller of a product knows more about its quality than a buyer.Workers know their own skills and abilities better than employers. Business managers know more about their firm's costs, competitive position,and investment opportunities than the firm's owners. 1 Asymmetric information (非对称信息） ◼ But frequently, a seller of a product knows more about its quality than a buyer. Workers know their own skills and abilities better than employers. Business managers know more about their firm’s costs, competitive position, and investment opportunities than the firm’s owners