Lemons problem and its effects on the efficient functioning of a market

Lemons problem and its effects on the efficient functioning of a market
Chapter 8 of the Money, Banking, & Financial Markets textbook (Mishkin) discussed the lemons
problem and its effects on the efficient functioning of a market. This theory was originally
developed by George Akerlof.

Originally posted 2016-10-25 09:59:48.

Us airport security

The Airports in the United States of America have made remarkable changes since the September 11 attacks as a way of promoting security in air travel. The changes in the airports have succeeded in the airport control, screening for security threats and the policies that set regulatory standards for the passengers and the airport crew. Technology has also been used to ensure security and effectiveness in the procedures and activities involved in air travel. The differences in the airport situations before and after 9/11 are discussed below.

Originally posted 2016-10-25 09:59:48.