Concepedia

Akerlof Model

The Akerlof Model is an economic framework that belongs to the class of information asymmetry theories and specifically characterizes how market outcomes can degenerate into adverse selection when one party in a transaction possesses superior information about product quality, leading to the potential collapse of the market for high-quality goods.

29

Publications

3.4K

Citations

56

Authors

50

Institutions

Publications per year

2017–2026

5

Variants

Market For Lemons

Parents

Publications

29

Information and the Change in the Paradigm in Economics

Joseph E. Stiglitz · American Economic Review · 2002 · 1.4K citations

, , +11

Credible worlds: the status of theoretical models in economics

Robert Sugden · Journal of Economic Methodology · 2000 · 500 citations

, , +6

The Combined Effect of Wages and Firm Profit on Employee Effort

R. Lynn Hannan · The Accounting Review · 2005 · 229 citations

, , +17

The Dielectric Constant of Water at High Temperatures and in Equilibrium with its Vapor

Gösta Åkerlöf, Howard I. Oshry · Journal of the American Chemical Society · 1950 · 187 citations

, , +11

Information and the Market for Lemons

Jonathan Levin · The RAND Journal of Economics · 2001 · 159 citations

, , +17

1–5 of 29

Authors

56

  1. RL
    R. Lynn Hannan

    Tulane University, United States

    2 publications · 244 citations

    2

    h-index

  2. RK
    Rudi Kurz

    Pforzheim University of Applied Sciences, Germany

    1 publications · 16 citations

    1

    h-index

  3. JD
    John Davis

    ExxonMobil (United States), United States

    1 publications · 115 citations

    1

    h-index

  4. HN
    Howard Nothhaft

    Lund University, Sweden

    1 publications · 22 citations

    1

    h-index

  5. ZW
    Zihe Wang

    Tsinghua University, China

    1 publications · 16 citations

    1

    h-index

1–5 of 56

Institutions

50

  1. University of Amsterdam

    Amsterdam, The Netherlands

    2 h-index

    3 publications

    155 citations

  2. University of Bologna

    Bologna, Italy

    1 h-index

    1 publications

    20 citations

  3. Helsingborgs lasarett

    Helsingborg, Sweden

    1 h-index

    1 publications

    22 citations

  4. University of Warwick

    Coventry, United Kingdom

    1 h-index

    1 publications

    25 citations

  5. Tulane University

    New Orleans, United States

    1 h-index

    1 publications

    15 citations

  6. UNSW Sydney

    Sydney, Australia

    1 h-index

    1 publications

    25 citations

  7. Southern Federal University

    Rostov-on-Don, Russia

    1 h-index

    1 publications

    18 citations

  8. Göteborgs Stads

    Gothenburg, Sweden

    1 h-index

    1 publications

    22 citations

1–8 of 50

Venues

  1. Journal of Industrial Economics

    2 publications · 69 citations

    2

    h-index

  2. The RAND Journal of Economics

    2 publications · 172 citations

    2

    h-index

  3. Journal of Economic Methodology

    1 publications · 500 citations

    1

    h-index

  4. Journal of Intercultural Management

    1 publications · 12 citations

    1

    h-index

  5. Econometrica

    1 publications · 93 citations

    1

    h-index

1–5