The Market for 'Lemons': Quality Uncertainty and the Market Mechanism is a seminal paper which explores asymmetric information in markets. The paper was published in the Quarterly Journal of Economics in 1970 by George Akerlof.
The Market for 'Lemons': Quality Uncertainty and the Market Mechanism is a seminal paper which explores asymmetric information in markets. The paper was published in the Quarterly Journal of Economics in 1970 by George Akerlof.
