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  1. Vor einem Tag · See George A. Akerlof, The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism, QJE, Vol. 84, No. 3 (1970) at 490 (Given asymmetrical information, “[i]t has been seen that the good cars may be driven out of the market by the lemons. But in a more continuous case with different grades of goods, even worse pathologies can exist. For it is quite possible to have the bad ...

  2. Vor 2 Tagen · Eine eigenartige Brille, die ihm wohl zwielichtige sozialistische Gestalten verpasst haben´ [wohl schon vor Jahrzehnten] führt dazu, dass Merkel der festen Überzeugung ist, durch die AfD aus dem demokratischen Paradies vertrieben worden zu sein, das herrschte, bis die AfD in den Bundestag einzog. Aber nicht nur die AfD hat dem Eden, den ...

  3. Vor 4 Tagen · 1. Historical Background: Notable figures in the study of behavioral economics, including Nobel laureates like Herbert Simon in 1978, Gary Becker in 1992, George Akerlof in 2001, Daniel Kahneman in 2002, and Richard H. Thaler in 2017, have significantly contributed to our understanding of human decision-making processes.

  4. Vor 5 Tagen · It includes Paul Samuelson, Robert Solow, Kenneth Arrow, Paul Rosenstein Rodan, Joseph Stiglitz, George Akerlof, Joan Robinson, James Mirrlees, Piero Sraffa, James Meade, and Frank Hahn, among others. Many, though not all, of them became Nobel laureates. Meade and Hahn were on Bardhan’s doctoral dissertation committee at Cambridge, England ...

  5. Vor 5 Tagen · George A. Akerlof: New Haven, Connecticut, U.S. "for their analyses of markets with asymmetric information" 2001 A. Michael Spence: Montclair, New Jersey, US "for their analyses of markets with asymmetric information" 2000 James J. Heckman: Chicago, Illinois, US "for his development of theory and methods for analyzing selective ...

  6. Vor 5 Tagen · For example, economist George A. Akerlof’s seminal paper, “The Market for Lemons,” which introduced the concept of “asymmetric information” (how decisions are influenced by one party having more information), was rejected several times before it could be published.

  7. Vor einem Tag · George Akerlof e Robert Shiller, acadêmicos renomados e recebedores do prêmio Nobel de Economia (2001 e 2013, respectivamente), se debruçaram sobre esse lado sombrio do “homo economicus” e suas implicações. O ponto de partida são dois pilares da teoria econômica moderna: a Teoria das Expectativas Racionais (os indivíduos sabem sempre tomar a decisão que traz mais benefícios) e a ...