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Concept information

social science subjects > business and management > business ethics > finance ethics > market for lemons

Terme préférentiel

market for lemons  

Définition

  • George Akerlof developed the idea of the market for lemons to explain problems related to information asymmetries in markets. “Lemons” refer to used cars that are of poor quality. [Source: Encyclopedia of Business Ethics and Society; Market for Lemons]

Concept générique

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URI

http://data.loterre.fr/ark:/67375/N9J-NRG0GPVD-D

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