Emons, W., and Sheldon, G. "The Market for Used Cars: A New Test of the Lemons Model," University of Bern, 2002.Emons, W. and G. Sheldon. 2002. The Market for Used Cars: A New Test of the Lemons Model. Centre for Economic Policy Research, CEPR Discussion Paper No. 3360. ...
The lemons model assumes that owners of used cars have an informational advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars will try to sell them to unsuspecting buyers while owners of good cars will hold on to theirs. Consequently, the quality of...
offering a solution to the challenges of urban transport. This shift in commuting preferences has resulted in a surge in demand for bicycles, which directly influences the need for bicycle frames. The convenience and efficiency of cycling in congested urban environments make it an attractive choice ...
Tutorials and first steps Further Content: You might find this interesting as well Statistics Italy: next car purchase in 2016, by type Sales of top-range and luxury cars in China 2006-2014 Most frequently stolen SUVs in Italy 2017, by model Willingness to buy zero kilometer cars by ...
LMC Automotive was acquired by GlobalData Plc in December 2021. All of the LMC activity has now switched to be branded as GlobalData. Please be assured that all of the LMC products and services will continue to be updated and improved while becoming integrated into the much larger GlobalData in...
2025 That has led to speculation that Musk is not that interested in mass-market cars anymore. Andrew Ross Sorkin, New York Times, 3 Jan. 2025 See all Example Sentences for mass-market Word History First Known Use 1952, in the meaning defined at sense 1 Time Traveler The first known ...
Market Trend and Outlook The light vehicles market (cars + light commercial vehicles) in China is the largest worldwide and the recent years stagnation is influencing the global market. The start of 2024 was positive, while the Lunar New Year holiday fell in February this year, resulting in ...
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engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts, and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on ...
Slovenian Car Market growth is accelerating in 2024. YTD figures at 46,278 increased by 6.9% while November sales gained 7.4% in year-on-year volume and reached 3,942. Renault in 3rd posted the most robust growth among Top 10 Brand, moving closer to Skod