The Market for Lemons car. This, in turn, motivates the owners of moderately good cars not to sell, and so on. The result is that a market in which there is asymmetric information with respect to quality shows characteristics similar to those described by Gresham's Law: the bad drives out the good. (Although Gresham's principle applies more specifically to exchange rates, modified analogies can be drawn.) Akerlof considers a situation in which demand "D" for used cars depends on the cars price "p" and quality "µ" = "µ"("p") and the supply depends on price alone. Economic equilibrium is given by "S"("p") = "D"("p","µ") and
Bad for Good for Bonnie Tyler. He used excerpts from "The Storm" for "Opening of the Box" on the Pandora's Box album "Original Sin", and in the "Ouverture" for the musical "Dance of the Vampires (musical)". Comedy Duo Scharpling & Wurster's sketch "The Gas Station Dogs" from their "New Hope for the Ape-Eared" album featured a delusional singer-songwriter promoting a song called "Rock n' Roll Dreams Will Come Through." Meat Loaf has recorded most of "Bad for Good": Bad for Good Bad for Good is a 1981 album by American songwriter Jim Steinman. Steinman wrote all of the songs and performed on most,