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
Good Girl Gone Bad: Reloaded Good Girl Gone Bad: Reloaded Good Girl Gone Bad: Reloaded is the reissue of Barbadian singer Rihanna's third studio album "Good Girl Gone Bad" (2007). It was first released digitally in selected countries on June 2, 2008, by Def Jam Recordings and SRP Records. Launched to mark the first anniversary of the original album, "Good Girl Gone Bad: Reloaded" features three newly recorded songs and a DVD showing exclusive behind-the-scenes footage of Rihanna's worldwide tour, the Good Girl Gone Bad Tour (2007–2009). For the new material, she worked with past collaborators Ne-Yo, StarGate, and C. "Tricky" Stewart, as well as