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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.

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Spelling suggestions: "subject:"problems off adverse selection"" "subject:"problems oof adverse selection""

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A Dynamic Game Model for the Coexistence of Mutiple-Period Lemon Market and New Car Market

Wang, Chun-chieh 14 June 2007 (has links)
This paper examines the properties of the perfect Bayesian Nash equilibrium or equilibria in a model where the new car market coexists with the lemon market which has adverse selection problems. Under such a setting, it is shown that the price of a new car will be affected indirectly by the problems of adverse selection in the lemon market.
asymmetric information
problems of adverse selection
Lemon market
new car market

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