Ackerlof, G. (1970). The Market for `Lemons': Qualitative Uncertainty and the Market Mechanism. Quarterly Journal of Economics, 84: 488--500. Home/Search Document Not in Database Summary Related Articles Check |
This paper is cited in the following contexts:
Avoiding a Lemons Market by Including Uncertainty in the.. - Obersteiner, al. (2000) (Correct)
....then the reporting party will be tempted to skimp on it. Other parties will become reluctant to pay relatively higher prices under the instruments contained in the Protocol or will be reluctant to recognize reporting as they learn to expect over reported emission reductions or lemons (see Ackerlof, 1970). The winner loser gap argument. The lemons argument only applies if in the end buyers care about the quality of the product provided, i.e. in the case of carbon markets the real (verifiable) carbon emission reduction. This does not necessarily need to be applicable to all participants of the ....
Ackerlof, G. (1970). The Market for `Lemons': Qualitative Uncertainty and the Market Mechanism. Quarterly Journal of Economics, 84: 488--500.
Strengthening Social Security Systems in Rural Areas of.. - Jütting (1999) (Correct)
....from a risk point of view, carry out the same activities. If there is a high covariance in yields, each farmer could insure himself at the same cost as the premium in an insurance scheme. 9 A large amount of literature has been written on adverse selection, which was pioneered by the work of Akerlof s lemon principle (1970) and then extended by Spence (1973) Stiglitz (1975) and Rothschild and Stiglitz (1976) Strengthening Social Security Systems in Rural Areas of Developing Countries 15 15 Finally, information problems arise between the insurer and the insured person. The degree of information asymmetries ....
Akerlof, G. (1970): The Market for `Lemons': Qualitative Uncertainty and the Market Mechanism. Quarterly Journal of Economics, 84, pp.488 -- 500.
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