Adverse Selection: The Market for Lemons
Adjust the initial percentage of "Lemons" (low-quality cars) in the market. Press 'Run Simulation' to see how asymmetric information affects what cars are sold.
Adverse Selection: The Market for Lemons
Adjust the initial percentage of "Lemons" (low-quality cars) in the market. Press 'Run Simulation' to see how asymmetric information affects what cars are sold.