• Thumbnail for George Akerlof
    George Arthur Akerlof (born June 17, 1940) is an American economist and a university professor at the McCourt School of Public Policy at Georgetown University...
    25 KB (2,329 words) - 13:46, 22 April 2024
  • Thumbnail for Information asymmetry
    George Akerlof's paper The Market for Lemons introduced a model to help explain a variety of market outcomes when quality is uncertain. Akerlof's primary...
    65 KB (8,466 words) - 10:31, 3 April 2024
  • Thumbnail for The Market for Lemons
    asymmetric information in markets. The paper was written in 1970 by George Akerlof and published in the Quarterly Journal of Economics. The paper's findings...
    27 KB (3,924 words) - 16:54, 4 February 2024
  • follow-up to their Think Small advertising campaign for VW. Economist George Akerlof in his 1970 paper "The Market for Lemons: Quality Uncertainty and the...
    7 KB (923 words) - 23:41, 31 October 2023
  • Thumbnail for Robert Solow
    the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond, and William Nordhaus, later received...
    38 KB (3,190 words) - 01:38, 23 April 2024
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    November 25, 2020. Retrieved September 30, 2013. Akerlof, George (October 10, 2001). "George A. Akerlof Biographical". nobelprize.org. Archived from the...
    207 KB (17,522 words) - 21:30, 11 April 2024
  • Thumbnail for Robert J. Shiller
    Phishing for Phools: The Economics of Manipulation and Deception, George A. Akerlof and Robert J. Shiller, Princeton University Press (2015), ISBN 978-0-691-16831-9...
    30 KB (2,796 words) - 13:22, 21 April 2024
  • Thumbnail for Adverse selection
    standard example is the market for used cars with hidden flaws ("lemons"). George Akerlof in his 1970 paper, "The Market for 'Lemons'", highlights the effect...
    40 KB (5,219 words) - 16:36, 1 March 2024
  • selection is George Akerlof's The Market for Lemons. The most common example of the Lemons Market is in the automobile industry. As suggested by Akerlof, there...
    37 KB (4,039 words) - 19:22, 29 April 2024
  • Retrieved 2021-10-22. "The Market for Lemons", 1970 paper by the economist George Akerlof Interview with John J. Woodcock III of West Hartford, Connecticut. Woodcock...
    13 KB (1,620 words) - 04:10, 1 February 2024