资源描述：
《The Market for Lemons-Quality Uncertainty and the Market Mechanism(Akerlof 1970).pdf》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、TheMarketfor"Lemons":QualityUncertaintyandtheMarketMechanismAuthor(s):GeorgeA.AkerlofSource:TheQuarterlyJournalofEconomics,Vol.84,No.3(Aug.,1970),pp.488-500Publishedby:TheMITPressStableURL:http://www.jstor.org/stable/1879431Accessed:18/12/200804:39Youruseoft
2、heJSTORarchiveindicatesyouracceptanceofJSTOR'sTermsandConditionsofUse,availableathttp://www.jstor.org/page/info/about/policies/terms.jsp.JSTOR'sTermsandConditionsofUseprovides,inpart,thatunlessyouhaveobtainedpriorpermission,youmaynotdownloadanentireissueofaj
3、ournalormultiplecopiesofarticles,andyoumayusecontentintheJSTORarchiveonlyforyourpersonal,non-commercialuse.Pleasecontactthepublisherregardinganyfurtheruseofthiswork.Publishercontactinformationmaybeobtainedathttp://www.jstor.org/action/showPublisher?publisher
4、Code=mitpress.EachcopyofanypartofaJSTORtransmissionmustcontainthesamecopyrightnoticethatappearsonthescreenorprintedpageofsuchtransmission.JSTORisanot-for-profitorganizationfoundedin1995tobuildtrusteddigitalarchivesforscholarship.Weworkwiththescholarlycommuni
5、tytopreservetheirworkandthematerialstheyrelyupon,andtobuildacommonresearchplatformthatpromotesthediscoveryanduseoftheseresources.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org.TheMITPressiscollaboratingwithJSTORtodigitize,preserveandextendaccess
6、toTheQuarterlyJournalofEconomics.http://www.jstor.orgTHEMARKETFOR"LEMONS":QUALITYUNCERTAINTYANDTHEMARKETMECHANISM*GEORGEA.AKERLOFI.Introduction,488.-II.Themodelwithautomobilesasanexample,489.-III.Examplesandapplications,492.-IV.Counteractinginstitutions,499.
7、-V.Conclusion,500.I.INTRODUCrIONThispaperrelatesqualityanduncertainty.Theexistenceofgoodsofmanygradesposesinterestingandimportantproblemsforthetheoryofmarkets.Ontheonehand,theinteractionofqualitydifferencesanduncertaintymayexplainimportantinstitutionsofthela
8、bormarket.Ontheotherhand,thispaperpresentsastrug-glingattempttogivestructuretothestatement:"Businessinunder-developedcountriesisdifficult";inparticular,astructureisgivenfordeterminingtheeconomic
