The Market for “Lemons”: Quality Uncertainty and the Market Mechanism*
Akerlof, George A.; University of California, Berkeley; Indian Statistical Institute — Planning Unit, New Delhi
Журнал:
The Quarterly Journal of Economics
Дата:
1970
Аннотация:
I. Introduction, 488. — II. The model with automobiles as an example, 489. — III. Examples and applications, 492. — IV. Counteracting institutions, 499. — V. Conclusion, 500.
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