3 ms·
Like the famous Market for Lemons, where a similar information asymmetry produces market failure that ends up making things worse for both buyers and sellers.
by qlte 4mo ago
Like the famous Market for Lemons, where a similar information asymmetry produces market failure that ends up making things worse for both buyers and sellers.
https://en.wikipedia.org/wiki/The_Market_for_Lemons https://en.wikipedia.org/wiki/The_Market_for_Lemons