منابع مشابه
Sun and Lemons: Getting over Information Asymmetries in the California Solar Market
A large expansion of photovoltaic panel production in China coincided with a dramatic fall in the cost of solar photovoltaic systems in California and a boom in installations between 2009 and 2013. However the roll of local contractors that install the systems is not well understood. Using detailed data of approximately 125,000 solar installations in California between 2007 and 2014 I argue tha...
متن کاملAsymmetric Grading Error and Adverse Selection: Lemons in the California Prune Industry
Grading systems are often introduced to address the classic adverse selection problem associated with asymmetric information about product quality. However, grades are rarely measured perfectly, and adverse selection outcomes may persist due to grading error. We study the effects of errors in grading, focusing on asymmetric grading errors-namely when low-quality product can erroneously be class...
متن کاملFatty acid composition of California grown almonds.
Eight almond (Prunus dulcis L.) cultivars from 12 different California counties, collected during crop years 2004 to 2005 and 2005 to 2006, were extracted with petroleum ether. The extracts were subjected to GC-MS analyses to determine fatty acid composition of soluble lipids. Results indicated palmitic (C16:0), oleic (C18:1), linoleic (C18:2), and alpha-linolenic (C18:3) acid, respectively, ac...
متن کاملLayoffs, Lemons and Temps∗
We develop a dynamic equilibrium model of labor demand with adverse selection. Firms learn the quality of newly hired workers after a period of employment. Adverse selection makes it costly to hire new workers and to release productive workers. As a result, firms hoard labor and under-react to labor demand shocks. The adverse selection problem also creates a market for temporary workers. In equ...
متن کاملthe effect of taftan pozzolan on the compressive strength of concrete in the environmental conditions of oman sea (chabahar port)
cement is an essential ingredient in the concrete buildings. for production of cement considerable amount of fossil fuel and electrical energy is consumed. on the other hand for generating one tone of portland cement, nearly one ton of carbon dioxide is released. it shows that 7 percent of the total released carbon dioxide in the world relates to the cement industry. considering ecological issu...
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ژورنال
عنوان ژورنال: Journal of the Franklin Institute
سال: 1921
ISSN: 0016-0032
DOI: 10.1016/s0016-0032(21)91795-2