More Complexity List

Retun to GC Chapters

More Knowledge

More Change

• The Half-Life of Facts - takes closer look at how knowledge changes over time - smoking was recommended

More Complex Rules - laws, customs, etc

• occupation certifications

More Complex Disclosures

• Asymmetric legal knowledge and little recourse if you understand and/or disagree
• Insurance (20+ pages) - health, auto, home - to protect tehm - do you have a pandemic rider?
• Product or services warrantees
• Data Privacy disclosures - to protect them - do you have a pandemic rider?
• Banking, Investing, etc.
  

Asymmetric transactions are also known as "information failure," occurs when one party to an economic transaction possesses greater material knowledge than the other party.

More Complex Agreements

• Loans, information,
• Apps - 100+ agreements - 20-30 pages
• Services - wireless phones
• Google, Apple, Facebook, Microsoft, Zoom - any idea what you are saying "I agree"

More Choices

More Fact Bubbles

More Diversity

• More people - Empathy is harder
• More ideas
• More culture

More Specialization

• Medical - every organ has a physician
• Jobs - Hunter and Gatherer to occupations