Reversed selection in online transactions

Author: Pan Yong / Country: Mainland China
Publisher:
Publish Date: 2005-08-01
Features: This book focuses on the study of adverse selection in the online market, taking the online "lemon market" model as its starting point. It employs a combination of theoretical and empirical analysis to investigate the mechanism of information asymmetry in the online market and explores ways to address adverse selection problems in online markets.