The Market for Lemons
The Market for Lemons
1970 economics paper by George Akerlof.
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First pulled Oct 17, 2026
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Readers' pathsAug 2026 – Oct 2026
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Share of the 1,300 clicks on its links
George Akerlof
American economist (born 1940).
28%
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Selective trading based on possession of hidden information.
17%
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10%
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8.8%
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Overuse of a shared resource.
3.2%
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2.5%
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2.2%
Readers come from
Share of the 710 readers arriving from another article
George Akerlof
American economist (born 1940).
26%
Adverse selection
Selective trading based on possession of hidden information.
23%
Gresham's law
Monetary principle.
10%
Information asymmetry
Concept in contract theory and economics.
5.6%
Principal–agent problem
Conflict of interest when one person acts on another's behalf.
4.8%
Charity shop
Retail establishment run by a charitable organization to raise money.
3.5%