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Economics Primer - The Market for Lemons

Geoff Riley

24th July 2016

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The Economist is running a series of primers on key economics ideas and papers. The first focuses on George Akerlof's brilliant work on asymmetric information and market failure in The Market for Lemons. Read the piece here.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.