Encyclopedia > George A. Akerlof

  Article Content

George A. Akerlof

George A. Akerlof, an American economist. Laureate for the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 2001. In "The Market for Lemons: Quality Uncertainty and the Market Mechanism", published in Quarterly Journal of Economics in 1970 he coined the term "Lemon" for a used car with hidden defects.

See also



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Canadian Charter of Rights and Freedoms

... as in Canada (Article 8(2) ECHR: except such as is in accordance with the law and is necessary in a democratic society); limits on freedom of thought and religion ...

 
 
 
This page was created in 23.8 ms