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I always think of Akerloff's "Market for Lemons" when I hear about hiring in IT. https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wi
by zcw100 7y ago
I always think of Akerloff's "Market for Lemons" when I hear about hiring in IT. https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons
(Not that any particular company or person is a lemon but the market collapse from information asymmetries)