Hammurabi's Cure For A "Lemons Market"
My last post outlined why I thought the online media market was a "lemons market." The post did not encounter a single refutation of the premise. The criticisms received largely concerned my writing style. That will not change any time soon...
Is Online Media "A Market For Lemons"?
I recently read Akerlof's paper, "Market For Lemons", which earned him a Nobel Prize in Economics and while I have issues with some of his purported solutions to the problems identified, it is worthwhile to apply much of his analysis to the online media market...
- Internet Retailer
Web-only retailers at different stages of their ascent explain the paths they've
taken and how they are pursuing profitable growth...
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Mary Kolacki at m.kolacki @ pulsetv.com or 708-478-4500 x 109