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Information / Knowledge / The Market for Lemons / George Akerlof / Information asymmetry / Information economics / Lemon / Adverse selection / Used car / Asymmetric information / Market failure / Economics


How the Internet, the Sharing Economy, and Reputational Feedback Mechanisms Solve the “Lemons Problem” Adam Thierer, Christopher Koopman, Anne Hobson, and Chris Kuiper
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Document Date: 2015-05-21 09:39:28


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City

Ann Arbor / Indianapolis / Oakland / Chicago / Arlington / /

Company

Airbnb / RelayRides / Lyft / Uber / TaskRabbit / Wall Street Journal / Bloomberg / /

Continent

America / /

Currency

USD / /

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Facility

University of Michigan Press / George Mason University / University of Chicago Press / George Mason University Anne Hobson MA Fellow Mercatus Center / George Mason University Chris Kuiper MA Fellow Mercatus Center / Independent Institute / /

IndustryTerm

car market / food labels / machinery / distributed networks / pre-Internet era / transportation services / reputational feedback systems / search costs / online innovation / bad car / social systems / regulatory solutions / e - commerce / car buyers / Internet-based mechanisms / real time reputational feedback mechanisms / /

Organization

Liberty Fund / University of Michigan Press / Yale / Mercatus Center / Independent Institute / University of Chicago Press / Author Affiliation and Contact Information Adam Thierer Senior Research Fellow Mercatus Center / George Mason University / Christopher Koopman Research Fellow Mercatus Center / /

Person

Randy T. Simmons / Daniel B. Klein / Christopher Koopman / Alex Tabarrok / Chris Kuiper / Susan Dudley / Matthew Mitchell / Douglas MacMillan / Anne Hobson / Dan Klein / George A. Akerlof / Adam Smith / Adam Thierer / Tyler Cowen / Serena Saitto / Jerry Brito / George Stigler / Vernon Smith / Jason Tanz / R. Ted Cruz / Evelyn M. Rusli / Jeffrey J. Hinck / Brian Doherty / /

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Position

Economist / author / winning economist / /

ProvinceOrState

Virginia / /

PublishedMedium

Journal of Political Economy / Quarterly Journal of Economics / Yale Law Journal / Wall Street Journal / /

Technology

Smartphones / http / /

URL

http /

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