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 Tour of Rihanna and her band's journey and life on tour. The tour was also due to air on Channel 4 Christmas Day 2008[?]. On November 16, 2008, the concert held in Fort Bonifacio in Manila, Philippines, reached an audience of more than 70,000. The concert was sponsored by MTV Philippines and Globe Telecom. Good Girl Gone Bad Tour The Good Girl Gone Bad Tour was the second overall and first world concert tour by Barbadian singer Rihanna, in support of her third studio album "Good Girl Gone Bad". The setlist was composed of songs mostly from "Good Girl Gone Bad"