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
The Bond Buyer like the paper, is viewable to paid subscribers. ^ "Financial Times Blog, ft.com/alphaville, cited "The Bond Buyer", 1st paragraph: Adventures at the long end of the muni yield curve". Retrieved May 11, 2011. ^ "WSJ follows"The Bond Buyer's" GOP Reps File Bill to Sanction Municipalities for Pension Fund Lapses". Two days after "The Bond Buyer" broke the story. Retrieved December 5, 2010. ^ "Aolnews.com cites "The Bond Buyer's" factual reporting on California's debt rating, 6th paragraph: California's Massive Debt Is for Sale, So Who's Buying?". Retrieved November 12, 2010. ^ "Business Insider Blogger Gus Rubin cites "The Bond Buyer", 1st