Modern information economics born from "lemon market"%由"柠檬市场"诞生的现代信息经济学 喜欢 0 阅读量: 46 作者:殷瑜,徐希贤,杨微波 摘要: @@ 在现实的经济环境中,对于个别行为者而言,他所掌握的与某一交易行为和交易结果有关的信息都可分为两个部分:一部分是所有行为者或当事人双方都了解的信息,我们称...
The famous economist George Akrov to an article on the "lemon market" of the removal of the 2001 Nobel prize in economics, published in the 1970 "market for Lemons: quality uncertainty and the market mechanism", a second-hand car market case. It is pointed out that in the second-hand ...
结果是证券市场成为一个 “次品市场”(lemon market):好的企业不愿意上市,因为他们认为上市成本(包括隐性成本)太高… www.e-economic.com|基于5个网页 3. 次货市场 ...信息而造成的机会主义行为,比如G.阿克洛夫讨论的“次货市场”(lemon market)。
the purchase decision rule tends to be simplified in the "lemon market" of agricultural products;thirdly,the consumers tend to follow the masses in the "lemon market" of agricultural products.The economics significance of the impact of "lemon dilemma" of agricultural products on consumers is ...
"Lemonmarketmeaningthemarketisdefective.Whentheseller oftheproductqualityofmoreinformationthanthebuyer.Lemon marketwillappear,lowqualityproductswillcontinuetodrive highqualityproducts. ThefamouseconomistGeorgeAkrovtoanarticleonthe"lemon market"oftheremovalofthe2001Nobelprizeineconomics, ...
"Lemon marketmeaning the market is defective. When the seller of the product quality of more information than the buyer. Lemon market will appear, low quality products will continue to drive high quality products. George Akrov, a famous economist, picked up the 2001 Nobel prize in economics ...
The Lemon Market Theory (LMT) explained by Akerlof, describes how markets that sell good products is never identified because of poor quality supplying markets, as sellers of the poor quality products are provided incentives to sell their products.
the critical "quality uncertainty" among buyers. When sellers know how good their product is but buyers can't tell, you have the all-important asymmetric information" that makes a lemon market possible. (Akerlof's study of this phenomenon won hima shareof the 2001 Nobel Prize in Economics.)...
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When A Lemon Market Emerges? The 'Market for lemons' has been a focus of heated interest in economics and related fields since the seminal work in 1970 by Akerlof. Since the unique equilibrium of the total market failure identified by Akerlof was the result of the s... JC Kim,B Lee -...