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.
Keywords
Mechanism (biology)Quality (philosophy)BusinessMarket mechanismEconomicsIndustrial organizationMarket economyPhysics
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Publication Info
- Year
- 1970
- Type
- article
- Volume
- 84
- Issue
- 3
- Pages
- 488-488
- Citations
- 21952
- Access
- Closed
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Cite This
George A. Akerlof
(1970).
The Market for "Lemons": Quality Uncertainty and the Market Mechanism.
The Quarterly Journal of Economics
, 84
(3)
, 488-488.
https://doi.org/10.2307/1879431
Identifiers
- DOI
- 10.2307/1879431