August 1, 1970

The Market for "Lemons": Quality Uncertainty and the Market Mechanism

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Abstract

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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George A. Akerlof (Sat,) studied this question.

www.synapsesocial.com/papers/69d756cfb843b2be9948f4bc — DOI: https://doi.org/10.2307/1879431

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Authors

George A. Akerlof

Journals

The Quarterly Journal of Economics

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The Market for "Lemons": Quality Uncertainty and the Market Mechanism

Key Points

Abstract

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Connected Papers

Discussion

Cite this study

Also consider

Authors

Journals

Actions

References and Citations

Citation Network

Connected Papers

Discussion