3 ms·
aka "Lemon markets theory" by George Akerlof, which won Nobel Prize in Economics in 2001 https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikiped
by slt2021 4y ago
aka "Lemon markets theory" by George Akerlof, which won Nobel Prize in Economics in 2001
https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons
- scarface74 4y agoThanks for the citation. I listen to a lot of economic podcasts and subscribe to Ben Thompson’s Stratechery newsletter/podcast. I couldn’t remember where the theory came from.