Godfrey I. Ihedimma
The Contributions of the Economics of Information to Twentieth Century Economics
This is a reviewed article which was initially published by Stiglitz, J. in 2000. His work centred on the the problems lack of...
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Godfrey I. Ihedimma
- Jan 17, 2018
- 4 min
Job Market Signalling
Signalling is basically a means to indicating turning points for certain economic concepts in the context of economic thinking. This...
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Godfrey I. Ihedimma
- Jan 17, 2018
- 4 min
The Market for “Lemons”: Quality Uncertainty and the Market Mechanism
This is a review article of the original paper by George Akerlof on the above mentioned topic. There exist markets in which buyers judge...
112 views0 comments
Godfrey I. Ihedimma
- Jan 17, 2018
- 4 min
Educational Institutions and Information Asymmetry Observation in UAE
Nobel Prize winner Akerlof proposed lemon theory and showed how information asymmetry in the market creates an unbalanced information...
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