The Use of Internet Rating Services to Reduce Information Asymmetry in the Trade Industry

George Akerlof introduced the concept of information asymmetry in his Nobel Prize winning paper The Market for Lemons, where he explained how problems of adverse selection can arise in markets that contain information asymmetry. Since then numerous academics have sought to explain how to overcome th...

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Bibliographic Details
Main Author: Bennaton, John Patrick
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Subjects:
Online Access:https://eprints.nottingham.ac.uk/20251/