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 of the Dog (Millennium) Beware of the Dog (Millennium) "'Beware of the Dog" is the second episode of the second season of the American crime-thriller television series "Millennium". It premiered on the Fox network on September 26, 1997. The episode was written by Glen Morgan and James Wong, and directed by Allen Coulter. "Beware of the Dog" featured guest appearances by Randy Stone and R. G. Armstrong. "Millennium" centers on offender profiler Frank Black (Lance Henriksen), who investigates unusual crimes as part of the private investigative organisation the Millennium Group. In this episode, when Black investigates several killings by a pack of savage dogs,