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Akerlof, G. A. (1978). The market for lemons: Quality uncertainty and the market mechanism. Uncertainty in Economics, 235-251. After reading the above listed article and
Akerlof, G. A. (1978). The market for lemons: Quality uncertainty and the market mechanism. Uncertainty in Economics, 235-251. After reading the above listed article and conducting additional research, you will write up your impression of the reading according to the following four-point structure:
- Brief summary
- What ideas stood out to you as relating to the other material discussed in class and presented in the book?
- What is the significance of these ideas to you?
- Do you think this article increases our understanding of financial markets/institutions and if so, how?
- Please help me with this.
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