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
Blood Money (Breaking Bad) the deaths of Drew Sharp and (he assumes) Mike Ehrmantraut. He gives all the money he received from Walt to Saul Goodman and asks him to deliver it to Mike's granddaughter and Drew's family. Saul refuses, advising it would raise suspicions, and reports this to Walt. Walt visits Jesse to return his money and lies to him, telling him that Mike is probably still alive somewhere and doesn't need help taking care of his granddaughter. Jesse is still distressed and later gives a $10,000 bundle to a homeless man. He then drives through a neighborhood throwing more bundles of cash