• Thumbnail for The Market for Lemons
    "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism" is a widely cited seminal paper in the field of economics which explores the concept...
    27 KB (3,961 words) - 10:37, 25 September 2024
  • Thumbnail for George Akerlof
    George Akerlof (category Institute for New Economic Thinking)
    is perhaps best known for his article, "The Market for Lemons: Quality Uncertainty and the Market Mechanism", published in the Quarterly Journal of Economics...
    26 KB (2,387 words) - 08:14, 13 September 2024
  • Akerlof, George A. (August 1970). "The Market for "Lemons": Quality Uncertainty and the Market Mechanism". The Quarterly Journal of Economics. 84 (3):...
    25 KB (3,258 words) - 05:35, 14 August 2024
  • 1970 paper "The Market for Lemons: Quality Uncertainty and the Market Mechanism" identified the severe lemon problems that may afflict markets characterized...
    7 KB (923 words) - 02:26, 29 July 2024
  • Thumbnail for Adverse selection
    Adverse selection (category Market failure)
    margins for participants. A standard example is the market for used cars with hidden flaws, also known as lemons. George Akerlof in his 1970 paper, "The Market...
    39 KB (5,109 words) - 12:19, 6 September 2024
  • Thumbnail for Information asymmetry
    which revolutionized the way we think about information and its interaction with the market. George Akerlof's paper The Market for Lemons introduced a model...
    65 KB (8,481 words) - 15:02, 24 September 2024
  • Thumbnail for Oranges and Lemons
    Lemons" is a traditional English nursery rhyme, folksong, and singing game which refers to the bells of several churches, all within or close to the City...
    19 KB (1,748 words) - 15:49, 22 September 2024
  • Remedy for Defective Brand-New Vehicles". Supreme Court of the Philippines. September 25, 2024. Retrieved September 29, 2024. "The Market for Lemons", 1970...
    14 KB (1,711 words) - 09:32, 29 September 2024
  • Thumbnail for Market (economics)
    considered the problem of bad quality cars driving good quality cars out of the market in his classic "The Market for Lemons" (1970) because of the presence...
    82 KB (10,653 words) - 15:14, 3 September 2024
  • of the Sicilian Mafia: The market for lemons." Journal of Economic History 77.4 (2017): 1083–1115. online Duggan, Christopher (1989). Fascism and the Mafia...
    120 KB (14,890 words) - 07:39, 26 September 2024
  • Thumbnail for Information economics
    (2020-06-01). "Buyers of 'lemons': How can a blockchain platform address buyers' needs in the market for 'lemons'?". Electronic Markets. 30 (2): 227–239. doi:10...
    37 KB (4,039 words) - 01:34, 27 August 2024
  • (October 2018). "Trading Dynamics with Private Buyer Signals in the Market for Lemons". The Review of Economic Studies. 85 (4): 2318–2352. doi:10.1093/restud/rdy007...
    4 KB (426 words) - 16:14, 18 September 2024
  • Thumbnail for Economics
    Akerlof's "Market for Lemons" article, the paradigm example is of a dodgy second-hand car market. Customers without knowledge of whether a car is a "lemon" depress...
    175 KB (17,857 words) - 05:57, 19 September 2024
  • Thumbnail for Jif (lemon juice)
    recommend the use of lemon juice. Aside from its plastic, lemon-shaped containers containing 55 ml of juice, usually known as "jiffy lemons" or "jif lemons",...
    26 KB (2,826 words) - 10:16, 12 September 2024
  • Theory. In his papers, Schelling quotes the well-known "The Market for Lemons: Quality Uncertainty and the Market Mechanism" paper written in 1970 by George...
    19 KB (2,376 words) - 05:01, 15 November 2023
  • Thumbnail for Charity shop
    clothing The Market for Lemons, a book discussing a phenomenon that may make it difficult to maintain quality in markets for certain used goods, such...
    21 KB (2,360 words) - 09:33, 1 September 2024
  • Thumbnail for Used good
    Used good (redirect from Cash For Clothes)
    engineering Surplus store Sustainable clothing The Market for Lemons – 1970 economics paper by George Akerlof The RealReal Thrift shop Upcycling "Used goods...
    13 KB (1,569 words) - 10:32, 31 August 2024
  • Thumbnail for Auction
    Auction (category Wikipedia articles incorporating a citation from the 1911 Encyclopaedia Britannica with Wikisource reference)
    050 Akerlof, George A. (1970-08-01). "The Market for "Lemons": Quality Uncertainty and the Market Mechanism". The Quarterly Journal of Economics. 84 (3):...
    111 KB (13,539 words) - 20:26, 26 September 2024
  • started the business by selling bottles of reconstituted lemon juice from squeezed lemons to hotels, bars and other commercial customers. The brand name...
    17 KB (1,597 words) - 12:27, 27 August 2024
  • Thumbnail for Central Market (Texas)
    items. The produce section stocks items such as crab-apples, Meyer lemons, sweet limes, and pink lemons that are hard to find at other stores. The limited...
    5 KB (496 words) - 07:37, 11 February 2024
  • Thumbnail for Gresham's law
    problem by providing a warranty and other guarantees of quality. The Market for Lemons is a work that examines this problem in more detail. Adverse selection...
    32 KB (4,040 words) - 17:39, 21 September 2024
  • Thumbnail for Trust (social science)
    ISBN 978-1-84614-039-6. Akerlof, George A. (1970). "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism". The Quarterly Journal of Economics. 84 (3):...
    72 KB (8,183 words) - 19:49, 22 September 2024
  • (1956), by Robert Solow "The Market for "Lemons": Quality Uncertainty and the Market Mechanism" (1970), by George Akerlof "Job Market Signaling" (1973), by...
    5 KB (459 words) - 10:41, 16 April 2024
  • Signalling (economics) (category All articles with bare URLs for citations)
    (2019), p.15. Akerlof, G. A. (1970). The market for" lemons": Quality uncertainty and the market mechanism. The Quarterly Journal of Economics, 488-500...
    40 KB (5,270 words) - 01:10, 17 September 2024
  • Thumbnail for Siracusa lemon
    terms, a hub for fresh lemons in both the Italian and European markets. On 3 February 2011 the name Limone di Siracusa (Siracusa lemon) was registered...
    10 KB (1,285 words) - 04:24, 5 April 2024
  • Thumbnail for Principal–agent problem
    Principal–agent problem (category Market failure)
    and agency The Market for Lemons Trustee Skin in the game (phrase) Eisenhardt, K.M. (1989), "Agency Theory: An Assessment and Review", The Academy of...
    69 KB (9,264 words) - 07:41, 28 September 2024
  • Government debt The Market for Lemons Subprime mortgage crisis Note that the assumption is that the riskier project could lead to higher return than the safe project...
    41 KB (6,295 words) - 07:37, 3 June 2024
  • Thumbnail for History of microeconomics
    considered the problem of bad quality cars driving good quality cars out of the market in his classic "The Market for Lemons" (1970) because of the presence...
    64 KB (9,018 words) - 00:05, 15 September 2024
  • Thumbnail for List of Nobel Memorial Prize laureates in Economic Sciences
    The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish:...
    66 KB (1,892 words) - 17:09, 23 September 2024
  • Thumbnail for Starry (drink)
    replaced Sierra Mist as Pepsi's lemon-lime flavored drink, in part because Sierra Mist failed to gain market share in the growing category. Starry contains...
    7 KB (620 words) - 18:54, 12 September 2024