The Market for Lemons cars, the dearth of formal credit markets in developing countries, and the difficulties that the elderly encounter in buying health insurance. However, not all players in a given market will follow the same rules or have the same aptitude of assessing quality. So there will always be a distinct advantage for some vendors to offer low-quality goods to the less-informed segment of a market that, on the whole, appears to be of reasonable quality and have reasonable guarantees of certainty. This is part of the basis for the idiom buyer beware. This is likely the basis for the idiom that
Beware (album) Ben Ratliff of "The New York Times" gave a positive review of the album, writing: "There's a sense here of smart people being made to focus on a strange project." All songs written by Will Oldham. Beware (album) Beware is a studio album by singer-songwriter Will Oldham, released on March 17, 2009, on Drag City. The album is Oldham's seventh under the name Bonnie "Prince" Billy. "Beware" was recorded in October 2008 at Engine Studios in Chicago. This album showcased a more upbeat and less melancholic side to Bonnie Prince Billy's music, with the artist attributing this to 'having found