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> Why is it that the most security-sensitive areas are ravaged by the sloppiest programmers and the most negligent managers and business types? Lemon market: h
by quotemstr 1y ago
> Why is it that the most security-sensitive areas are ravaged by the sloppiest programmers and the most negligent managers and business types?
Lemon market: https://www.sfu.ca/~wainwrig/Econ400/akerlof.pdf https://www.sfu.ca/~wainwrig/Econ400/akerlof.pdf
Buyers can't distinguish good work from bad, so they pay only average price and thereby drive out the high-quality sellers.