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pro vyhledávání: '"Mallorie Smith"'
Autor:
Mallorie Smith, Jonathan B. Pritchett
Publikováno v:
The Journal of Economic History. 73:477-497
When imported slaves were first sold in New Orleans, buyers were unaware of the slaves’ unobservable characteristics. In time, the new owners learned more about their slaves and may have resold the “lemons.” Previous research suggests that buye
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::81304679e535c36f52f5a0f8f95fe30d
https://doi.org/10.1017/s0022050713000338
https://doi.org/10.1017/s0022050713000338
Autor:
Jonathan Pritchett, Mallorie Smith
We propose an alternative test for adverse selection using notarial records for slaves sold in New Orleans in 1830. The experiment is simple and mimics the used car example originally proposed by Akerlof (1970). When first sold in New Orleans, buyers
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::40cb629c7afce3e5d245f0e7bf016838
http://econ.tulane.edu/RePEc/pdf/tul1115.pdf
http://econ.tulane.edu/RePEc/pdf/tul1115.pdf
