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Imperfect information about salaries make income based equity development uncertain.
For example, the search-and-match theory hypothesises that mismatch originates from imperfect information about the labour market.
Each agent works dynamically to fulfill its user needs and has partial knowledge and imperfect information about the nearby environment.
However, the manager has perfect information about the training levels of her employee but imperfect information about her productive efforts during the production process.
This paper shows that if students have imperfect information about teaching quality and if business schools differ in their research productivity, the least productive schools would do as much research as the top-tier ones only to manipulate students' expectations.
We investigate the extent to which it is possible to compute the probability of a particular candidate winning an election, given imperfect information about the preferences of the electorate.
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Transactions costs result from imperfect information, either about the other party involved in the exchange (asymmetric information) or about the future (uncertainty).
This also means that judges are hiring clerks with imperfect information (think about high school baseball draft picks versus those in college).
Such strategic calculations rely on imperfect information, including guesses about other people's choices.
The mismatch between the current speed of research on the health effects of various nutrients and the speed of guideline modification leaves health professionals and the public with imperfect information for making decisions about the safety of incorporating micronutrients into a treatment plan.
You make the best choices you can, about very serious matters, with imperfect information.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com