If I know what to spec, and I can measure it, and there are no unpredictable interdependencies between what you do and what I must do in response, then an economist would say that is sufficient information for a market to emerge between you and me.
![If I know what to spec, and I can measure it, and If I know what to spec, and I can measure it, and Image](https://www.idlehearts.com/images/if-i-know-what-to-spec-and-i-can-measure-it-and.jpg?x85372)
If I know what to spec, and I can measure it, and there are no unpredictable interdependencies between what you do and what I must do in response, then an economist would say that is sufficient information for a market to emerge between you and me.