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
Hitler Bad, Vandals Good later filmed for the song "My Girlfriend's Dead." Two different videos were released: One features the band members and was filmed as part of the Kung Fu Films movie "That Darn Punk" in 2000, while the other is a fan-created animated video that was included on one of Kung Fu Records' DVD releases. Hitler Bad, Vandals Good Hitler Bad, Vandals Good is the seventh studio album by the southern California punk rock band The Vandals, released in 1998 by Nitro Records. Much of the album is characterized by the pop-punk music and humorous lyrics for which the band is known,