| Henry Aaron - 2010 - 210 páginas
...Statistical Theory of Racism and Sexism," American Economic Review, vol. 62 (September 1972), pp. 659-61; George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics, vol. 84 (August 1970), pp. 488-500; Joseph E. Stiglitz, "Approaches to the Economics... | |
| John Turner Woolley - 1984 - 298 páginas
...asymmetries (eg, between buyers and sellers) lead to undesirable market performance. See, for example, George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics 84 (August 1970): 488—500. Nonetheless, in recent years it has been argued and empirically... | |
| Victor P. Goldberg - 1989 - 270 páginas
...essence of the problem. From time to time one hears either mention of or surprise at the large price From George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics 84 (1970): 488-500. Copyright© 1970 by John Wiley & Sons, Inc. Reprinted by permission... | |
| Georges Dionne, Scott E. Harrington - 1992 - 748 páginas
...of Imperfect Information," Quarterly Journal of Economics, vol. 90 (November 1976), pp. 629-49. 10. George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics, vol. 84 (August 1970), pp. 488500. Also see George L. Priest, "The Current Insurance... | |
| Janne Nolan - 2010 - 644 páginas
...particular weapon, subject to inspection, indefinitely. 3 1 . For the classic article on this subject, see George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics, vol. 84 (August 1970), pp. 488-500. See also Richard O. Zerbe, Jr., and Nicole Urban,... | |
| Gerald W. Scully - 1995 - 213 páginas
...my characterization of the effect of reputation on the sale of firms may skip the next section. 3. George A. Akerlof, "The Market for 'Lemons': Quality...Uncertainty and the Market Mechanism," Quarterly Journal of Economics 84 (1970): 488-500. Benjamin Klein and Kenneth B. Leffler, "The Role of Market Forces... | |
| James Wood Bailey - 1997 - 216 páginas
...individuals at the actuarial price or, in some cases, not available at all. For an exposition, see George A. Akerlof, "The Market for 'Lemons': Quality,...Uncertainty, and the Market Mechanism," Quarterly Journal of Economics 84 (1970): 488. 7. Of course, the issue is made more complicated by the fact that a regime... | |
| Deborah Welch Larson - 2000 - 348 páginas
...Oxford University Press, 1987), 243. 22. The seminal work on what is now known as the "lemon problem" is George A. Akerlof, "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," Quarterly ]ournal of Economics 84 (1970): 488-500. Robert Keohane first applied the lemon problem to international... | |
| Erik Bohlin, Stanford L. Levin - 1998 - 438 páginas
...and an increasing share of the national GDP from the division of intermediaries. References [I] G. Akerlof, The Market for 'Lemons': Quality Uncertainty and the Market Mechanism. Quarterly Journal of Economics 84 ( 1 970) 488-500. [2] G. Biglaiser and J. Friedman, Middlemen as Guarantors of Quality,... | |
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