The Market-Based Case for Covering Startups ’ Financial Data

One of the foundational academic works business students read and discuss is George Akerlof’s 1970 paper, “The Market for ‘Lemons.’” Akerlof, a Nobel Prize winner, described a problem in the used car market: Buyers have less information about the quality of the car than sellers do. They can’t see…#georgeakerlofs #marketforlemons #anobelprize
Source: Reuters: Health - Category: Consumer Health News Source Type: news