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 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" but also included some songs from her first two albums. Akon was selected as the opening act for the Canadian dates of the North American leg, while Ciara and David Jordan supported the UK dates of the European leg. Chris Brown joined the tour during the Oceanian leg. The show featured Rihanna wearing