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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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