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The Market for “Lemons”: Quality Uncertainty and the Market Mechanism

The Market for “Lemons”: Quality Uncertainty and the Market Mechanism

The Market for “Lemons”: Quality Uncertainty and the Market Mechanism
George A. Akerlof
The Quarterly Journal of Economics, Vol. 84, No. 3. (Aug., 1970), pp. 488-500.
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The Market for "Lemons": Quality Uncertainty and the Market Mechanism

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