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Can Consumers Detect Lemons? Information Asymmetry in the Market for Child Care

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NBER2001-05-01 更新2025-01-04 收录
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This paper applies direct tests for adverse selection and moral hazard in the market for child care. A unique data set containing quality measures of various characteristics of child care provided by 746 rooms in 400 centers, as well as the evaluation of the same attributes by 3,490 affiliated

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2001-05-01
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