The Market for Lemons on “Academic Papers That Wrecked My Head”, a list by Colm Heneghan on TheLysts.

Details

Photo
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Name
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Title
The Market for Lemons
Author
George Akerlof
Field
Economics
Year
1970
Why It Matters
Explains why buying a second hand car feels like a trust exercise gone wrong
Difficulty
Medium
Best Read With
A DoneDeal tab open, for the irony
My Take
Read this right after nearly buying a dodgy Passat, timing was uncanny