Post #1001233
2026-04-03 07:13 UTC
Nice note on the publishing history of Akerlof's classic "The Market for Lemons" paper (1970).
Rejected by two top journals for being "trivial", and a third for being "incorrect".
Today one of the "most-cited papers in modern economic theory" (and possibly anywhere? Google scholar reports 48,913 citations as of today)
https://en.wikipedia.org/wiki/The_Market_for_Lemons
#ACademicChatter
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