Concept information
Término preferido
market for lemons
Definición
- George Akerlof developed the idea of the market for lemons to explain problems related to information asymmetries in markets. “Lemons” refer to used cars that are of poor quality. [Source: Encyclopedia of Business Ethics and Society; Market for Lemons]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-NRG0GPVD-D
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}