In the case of public decisions, imperfect information is even more significant.

"You had imperfect information and tried to develop decisions based on that," he said.

They exist because of imperfect information between borrowers and lenders.

However, nowadays it has no authority, through the imperfect information regarding Irish history current in his day.

And even in closed hearings, judges will sometimes have to make do with imperfect information.

In examining dynamic games, however, it might be necessary to have the means to model imperfect information.

When policymakers have imperfect information about a serious problem (which is almost always), what should they do?

If the plant is retired now, he said, it would be on the basis of imperfect information.

However, with imperfect information there is also an indirect opposite effect.

With imperfect information, the threats described above can be credible.