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Seinfeld Economics: The Pitch

by Linda Ghent

Asymmetric information occurs when one party has more or better information than the other. This creates an imbalance of power in transactions that can sometimes cause the transactions to go awry.

 

Seinfeld: The Pitch

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Newman trades Kramer a helmet for a radar detector. Jerry thinks Kramer is getting ripped off; later Kramer tells Jerry that the radar detector didn't work!

from Seinfeld, Season 4 (1992)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent
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