When Healthcare is a “Lemon”: Asymmetric Information and Market Failure
In 1970, George Akerlof published “The Market for “Lemons”: Quality Uncertainty and the Market Mechanism” in The Quarterly … Continue reading When Healthcare is a “Lemon”: Asymmetric Information and Market Failure
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When Healthcare is a “Lemon”: Asymmetric Information and Market Failure
In 1970, George Akerlof published “The Market for “Lemons”: Quality Uncertainty and the Market Mechanism” in The Quarterly … Continue reading When Healthcare is a “Lemon”: Asymmetric Information and Market Failure