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
A Bad Boy Can Be Good For a Girl Furious, she eventually checks out "Forever...", reads Josie's notes and then befriends her. Aviva is approached by TL in biology, when he needs help. They begin a fun-loving relationship and she overhears him talking to a friend about how she might be different but she might not be. She eventually does sleep with him, and says she loves him, causing him to break up with her. Kristen tries to apologize, but she doesn't want to hear it. Reviews for "A Bad Boy Can Be Good For a Girl" were mostly positive, with Kirkus Reviews panning the book while the Kansas