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The Second Incentive Effect
The internet has made it much harder to have a new beginning, because everybody cannow find out what happened to you in the past. Right now, we actually have aa legal regime that says you don't have to disclose and in tho settings, i think it's interesting. But notice thatat the boundary is place at the point of disclosure, right? And i think that's an important distinction. So if it's the case that there are certain areas that the internet makes public or makes more readily available, i would expect that overtime,you would see kind of a regulatory interstructure get imposed. I mean, it was, i may think about how many years it took