A Market For Lemons – The Economic Price of Internet Retail Fraud
A Market For Lemons – The Economic Price of Internet Retail Fraud “The Market For Lemons” was an economics paper written by George Akerlof. It is useful today for explaining why individual “bad apples” can decrease profitability for online businesses and how they may ultimately destroy entire markets. To start, let’s find out a little […]
A Market For Lemons – The Economic Price of Internet Retail Fraud Read More »