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    Modern information technology enables real-time data coll... — Carmelics
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    Challenges→Hayek's knowledge problem shows that collective ownership concentrates decisions in agents who cannot possess the local, tacit knowledge needed to serve the common interest effectively.

    Modern information technology enables real-time data collection and analysis that partially overcomes information dispersal problems Hayek identified.

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    Hayek's knowledge problem shows that collective ownership concentrates decisions...

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    Hayek's knowledge problem shows that collective ownership concentrates decisions...

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