Lemons problem and its effect on the efficient functioning of amarket. this theo

Lemons problem and its effect on the efficient functioning of amarket. this theory was initially developed by George Akerlof. Goto Nobelprize.org and location reports that Akerlof Spence andStiglitz were awarded the Nobel prize in economics in 2001 fortheir work. Read the report down through the section on GeorgeAkerlof. Summarize his research ideas in one page.