1. Education

Your suggestion is on its way!

An email with a link to:


was emailed to:

Thanks for sharing About.com with others!

Lemons Model
<Back to Last Page>     <Full Glossary>

Definition of Lemons Model: Lemons model describes models like that of Akerlof's 1970 paper, in which the fact that a good is available suggests that it is of low quality. For example, why are used cars for sale? In many cases because they are "lemons," that is, they were problematic to their previous owners. (Econterms)

Terms related to Lemons Model:

About.Com Resources on Lemons Model:

Writing a Term Paper? Here are a few starting points for research on Lemons Model:

Books on Lemons Model:

Journal Articles on Lemons Model:

<Return to Main Page>

©2015 About.com. All rights reserved.