The Market for "Lemons": Quality Uncertainty and the Market Mechanism By George A. Akerlof https://www.iei.liu.se/nek/730g83/artiklar/1.328833/AkerlofMarketforLemons.pdf …
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repeated plays of the game" http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.308.415&rep=rep1&type=pdf … ("Signalling in Retrospect and the Informational Structure of Markets" by Michael Spence)
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@sebinsua really interesting. I love these topics. - 1 more reply
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