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 Copy Bad Copy film was eventually released for free on the internet as a BitTorrent download. The filmmakers hope that releasing "Good Copy Bad Copy" for free will raise awareness and lead to other local broadcasting networks to show the documentary. The documentary first appeared on The Pirate Bay and then it was officially released under a Creative Commons Attribution-NonCommercial license on the Blip.tv video sharing site. On 8 May 2008, "Good Copy Bad Copy" was shown on SVT2, Swedish Television. On 8 September 2009, "Good Copy Bad Copy" was shown on YLE FST5, Finnish Television. On 5 January 2010, "Good Copy Bad