For 10 points, imbalances in what commodity are discussed in Akerlof's "The Market for Lemons," which describes a situation in which it is asymmetric?
A 1961 article on "The Economics of" this concept links its absence to price dispersion, and the same author created the concept of "search unemployment" in an article about this "in the labor market." An introduction to its namesake branch of economics can be found in a collection of Wicksell lectures titled Wither Socialism?It is assumed to be fully accounted for in security prices in the Efficient Markets Hypothesis. An essay that describes "Hiring as Investment under Uncertainty" uses college education as an example of its acquisition through applicant signaling. Its lack can lead to bounded rationality and to adverse selection. For 10 points, imbalances in what commodity are discussed in Akerlof's "The Market for Lemons," which describes a situation in which it is asymmetric?
A 1961 article on "The Economics of" this concept links its absence to price dispersion, and the same author created the concept of "search unemployment" in an article about this "in the labor market."
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