A note on the lemons principle and equilibria in a market with asymmetrical information

DOI10.1007/BF01283635zbMath0419.90015OpenAlexW2090031453MaRDI QIDQ3853388

Gerhard Clemenz

Publication date: 1979

Published in: Zeitschrift für Nationalökonomie (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01283635

zbMATH Keywords

monopolyproduct qualitymarket equilibriaasymmetrical informationlemon market

Mathematics Subject Classification ID

Trade models (91B60) General equilibrium theory (91B50)

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