[rwallace]

I had heard the theory about the market for lemons before, but none of the discussions of it seemed to be able to come up with a better example than the classic partial one about used cars. This looks like the case study the theory predicted.

[wolfgke]

Here the wikipedia link to the famous text "The Market for Lemons: Quality Uncertainty and the Market Mechanism" by George Akerlof:

> https://en.wikipedia.org/wiki/The_Market_for_Lemons

And here the text:

> https://www.iei.liu.se/nek/730g83/artiklar/1.328833/AkerlofM...