搜索结果: 1-5 共查到“Lemons”相关记录5条 . 查询时间(0.066 秒)
This article revisits Akerlof’s (1970) classic adverse-selection market and asks the following
question: do greater information asymmetries reduce the gains from trade? Perhaps surprisingly,
the ans...
I study a dynamic economy featuring adverse selection in financial markets. Investment
is undertaken by borrowing-constrained entrepreneurs. They sell their past projects to
finance new ...
A University of Queensland researcher hopes to use a chemical found in lemons and other citrus fruits to make clean, renewable jet fuel.
Anti-Lemons: School Reputation, Relative Diversity, and Educational Quality
education reputation competition labor markets
2012/10/22
Friedman (1962) observed that the ability of firms to acquire and maintain reputations for quality is a key ingredient for the efficient provision of goods and services in a market economy. This paper...
THE PROBLEM OF LEMONS AND WHY WE MUST RETAIN JUVENILE CRIME RECORDS
JUVENILE CRIME RECORDS Young Offenders Damage
2008/11/14
Most state and federal statutes ‘‘expunge’’ (destroy or seal) a young
offender’s record of juvenile delinquency when he reaches age 17 or
18 (Funk 1996: 887). The justification for this policy is th...
