scholarly journals Repurchase Options in the Market for Lemons

2020 ◽  
Author(s):  
Saki Bigio ◽  
Liyan Shi
Keyword(s):  
Market For Lemons

Uncertain Product Quality: The Market for Lemons with an Imperfect Testing Technology

1981 ◽  
Vol 12 (2) ◽  
pp. 625 ◽  
Author(s):  
Robert Heinkel
Keyword(s):  
Product Quality ◽  
Market For Lemons ◽  
Testing Technology

Is the local wheat market a ‘market for lemons’? Certifying the supply of individual wheat farmers in Ethiopia

2021 ◽  
Author(s):  
Banawe Plambou Anissa ◽  
Gashaw Abate ◽  
Tanguy Bernard ◽  
Erwin Bulte
Keyword(s):  
Asymmetric Information ◽  
Willingness To Pay ◽  
Wheat Quality ◽  
High Quality ◽  
Auction Design ◽  
Market For Lemons ◽  
Wheat Market ◽  
Ex Ante

Abstract Bulking and mixing of smallholder supply dilutes incentives to supply high quality. We introduce wheat ‘grading and certification shops’ in Ethiopia and use an auction design to gauge willingness-to-pay (WTP) for certification. Bids correlate positively with wheat quality, and ex ante notification of the opportunity of certification improves wheat quality. These findings suggest that local wheat markets resemble a ‘market for lemons’, crippled by asymmetric information. However, aggregate WTP for grading and certification services does not re-coup the sum of fixed, flow and variable costs associated with running a single certification shop.

scholarly journals Dynamic market for lemons with endogenous quality choice by the seller

2014 ◽  
Vol 84 ◽  
pp. 152-162 ◽  
Author(s):  
Keiichi Kawai
Keyword(s):  
Market For Lemons ◽  
Endogenous Quality ◽  
Quality Choice

Market for Lemons: When Dishonesty Prevails

2019 ◽  
pp. 163-169
Author(s):  
Christoph E. Mandl
Keyword(s):  
Market For Lemons

Market for Lemons

2012 ◽  
Author(s):  
David Hess
Keyword(s):  
Market For Lemons

Adverse Selection: Akerlof’s Market for Lemons

2014 ◽  
pp. 141-161
Author(s):  
Jay Bhattacharya ◽  
Timothy Hyde ◽  
Peter Tu
Keyword(s):  
Adverse Selection ◽  
Market For Lemons

scholarly journals Equity Crowdfunding: A Market for Lemons?

2014 ◽  
Author(s):  
Darian M. Ibrahim
Keyword(s):  
Market For Lemons ◽  
Equity Crowdfunding

Deadlines in the market for lemons

2020 ◽  
Vol 8 (2) ◽  
pp. 305-323
Author(s):  
Heng Liu
Keyword(s):  
Market For Lemons

The Market for Lemons in Serial Entrepreneurship: A Commentary

2017 ◽  
Vol 3 (1) ◽  
pp. 104-106
Author(s):  
Per Davidsson
Keyword(s):  
Market For Lemons ◽  
Serial Entrepreneurship

scholarly journals Waiting for News in the Market for Lemons

Econometrica ◽  
2012 ◽  
Vol 80 (4) ◽  
pp. 1433-1504 ◽  
Keyword(s):  
Market For Lemons
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