Durables and Lemons: Private Information and the Market for Cars
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26281
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资源简介：
We examine the aggregate implications and distributional consequences of asymmetric information in durable goods markets, with a focus on the car market. Private information introduces a lemons penalty, a wedge between the sale price and the average car value in the population, consequently reducing
提供机构：
美国国家经济研究局
创建时间：
2019-09-01
