Discover strategies to overcome asymmetric information in markets, including warranties, regulations, and monitoring, for ...

Lemon laws protect consumers from defective goods, mandating that manufacturers replace or repurchase products that can't be repaired. They ensure quality and safety.

"Lemon" products are items that perform poorly. Simply put, they're bad purchases. People buy lemons because they lack the correct information: that is, if they knew that a product was a lemon, they ...

Mota is a new company that wants to fix the famous “lemons” problem by restoring trust to the used car market. When sellers put up their cars, Mota asks them typical questions about the quality of ...

MOUNTAIN VIEW, Calif. — Two-thirds of lemon cars started to show symptoms of problems within one month of purchase, with brake problems as the most commonly reported issue, according to a YourMechanic ...

A “lemons problem” is what economists call situations where sellers have more information about the quality of what they're selling than buyers do. There’s a real-life example going on right now with ...

If crypto tokens were used cars, how would you tell a bargain from a clunker? The answer might have spared investors in Libra or Hawk Tuah a lot of pain. According to a study by Solidus Labs, nearly ...