A letter from an alumnus about Michael Spence ’66

March 5, 2002

I trust the Michael Spence ’66 didn’t get the Nobel Prize in economics merely for pointing out that sellers commonly know more about their own products than buyers do. If he did, then I have a few empirical observations of my own that I’d be delighted to share with the prize committee.

John Hellegers ’62
Jenkintown, Pa.

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