Meng Hu on HBD and Austrian Economics

Meng Hu on HBD and Austrian Economics

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Meng Hu on HBD and Austrian Economics
Meng Hu on HBD and Austrian Economics
Some Flaws with Akerlof’s Adverse Selection
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Economics

Some Flaws with Akerlof’s Adverse Selection

猛虎
Aug 6, 2012
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Meng Hu on HBD and Austrian Economics
Meng Hu on HBD and Austrian Economics
Some Flaws with Akerlof’s Adverse Selection
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The adverse selection is widely cited as an illustration of market failure, calling for government intervention in order to correct the market.

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